Lao People's Democratic Republic vs Zambia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Lao People's Democratic Republic
- Zambia
How they compare
Zambia currently reports 0.8% against 0.6% in Lao People's Democratic Republic, a difference of 0.2%.
That makes Zambia's figure about 1.4 times Lao People's Democratic Republic's.
Across all 13 years both countries report, Zambia has been ahead every year.
Lao People's Democratic Republic ranks 112th and Zambia ranks 109th of 136 countries.
Zambia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Zambia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.3% | 6.9% | 4.5% | Zambia |
| 2020s | 1.5% | 8.1% | 6.6% | Zambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Lao People's Democratic Republic or Zambia?
- Zambia, at 0.8% against 0.6% in Lao People's Democratic Republic as of 2024.
- What is the difference in net incurrence of liabilities, total between Lao People's Democratic Republic and Zambia?
- 0.2%, with Zambia ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Zambia?
- 13 years are reported by both, from 2010 to 2022.
- How do Lao People's Democratic Republic and Zambia rank globally for net incurrence of liabilities, total?
- Lao People's Democratic Republic ranks 112th and Zambia ranks 109th 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.