Kiribati vs East Timor: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Kiribati
- East Timor
How they compare
East Timor currently reports -1.9% against -2.9% in Kiribati, a difference of 1.0%.
The two have swapped places 1 time across 8 shared years of data; in 2014 it was East Timor ahead.
Kiribati ranks 136th and East Timor ranks 133rd of 136 countries.
East Timor has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kiribati | East Timor | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -1.2% | 1.8% | 3.1% | East Timor |
| 2020s | -0.6% | 0.0% | 0.6% | East Timor |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kiribati or East Timor?
- East Timor, at -1.9% against -2.9% in Kiribati as of 2022.
- What is the difference in net incurrence of liabilities, total between Kiribati and East Timor?
- 1.0%, with East Timor ahead.
- How many years of comparable data are there for Kiribati and East Timor?
- 8 years are reported by both, from 2014 to 2022.
- How do Kiribati and East Timor rank globally for net incurrence of liabilities, total?
- Kiribati ranks 136th and East Timor ranks 133rd of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.