Laos vs United Arab Emirates: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Laos
- United Arab Emirates
How they compare
United Arab Emirates currently reports 0.6% against 0.6% in Laos, a difference of 0.0%.
The two have swapped places 1 time across 12 shared years of data; in 2011 it was Laos ahead.
Laos ranks 112th and United Arab Emirates ranks 111th of 136 countries.
Laos has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.4% | -0.3% | 2.7% | Laos |
| 2020s | 1.5% | 0.7% | 0.8% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Laos or United Arab Emirates?
- United Arab Emirates, at 0.6% against 0.6% in Laos as of 2024.
- What is the difference in net incurrence of liabilities, total between Laos and United Arab Emirates?
- 0.0%, with United Arab Emirates ahead.
- How many years of comparable data are there for Laos and United Arab Emirates?
- 12 years are reported by both, from 2011 to 2022.
- How do Laos and United Arab Emirates rank globally for net incurrence of liabilities, total?
- Laos ranks 112th and United Arab Emirates ranks 111th 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.