Korea vs New Zealand: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Korea
- New Zealand
How they compare
Korea currently reports 2.0% against 2.0% in New Zealand, a difference of 0.0%.
The two have swapped places 1 time across 5 shared years of data; in 2002 it was New Zealand ahead.
Korea ranks 91st and New Zealand ranks 92nd of 136 countries.
New Zealand has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Korea or New Zealand?
- Korea, at 2.0% against 2.0% in New Zealand as of 2024.
- What is the difference in net incurrence of liabilities, total between Korea and New Zealand?
- 0.0%, with Korea ahead.
- How many years of comparable data are there for Korea and New Zealand?
- 5 years are reported by both, from 2002 to 2008.
- How do Korea and New Zealand rank globally for net incurrence of liabilities, total?
- Korea ranks 91st and New Zealand ranks 92nd 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.
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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.