Laos vs Lesotho: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Laos
- Lesotho
How they compare
Lesotho currently reports 0.7% against 0.6% in Laos, a difference of 0.1%.
That makes Lesotho's figure about 1.2 times Laos's.
The two have swapped places 3 times across 15 shared years of data; in 2008 it was Laos ahead.
Laos ranks 112th and Lesotho ranks 110th of 136 countries.
Across the 3 decades both report, Laos averaged higher in 2 and Lesotho in 1.
Head to head by decade
| Decade | Laos | Lesotho | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.1% | 0.7% | 1.4% | Laos |
| 2010s | 2.3% | 0.8% | 1.5% | Laos |
| 2020s | 1.5% | 3.2% | 1.7% | Lesotho |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Laos or Lesotho?
- Lesotho, at 0.7% against 0.6% in Laos as of 2023.
- What is the difference in net incurrence of liabilities, total between Laos and Lesotho?
- 0.1%, with Lesotho ahead.
- How many years of comparable data are there for Laos and Lesotho?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and Lesotho rank globally for net incurrence of liabilities, total?
- Laos ranks 112th and Lesotho ranks 110th 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.