Latin America & Caribbean (excluding high income) vs Palau: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Latin America & Caribbean (excluding high income)
- Palau
How they compare
Palau currently reports 20.3% against 6.5% in Latin America & Caribbean (excluding high income), a difference of 13.8%.
That makes Palau's figure about 3.1 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 11 shared years of data; in 2010 it was Latin America & Caribbean (excluding high income) ahead.
Latin America & Caribbean (excluding high income) ranks 4th and Palau ranks 1st of 21 groups.
Across the 2 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Palau in 1.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.6% | 1.3% | 3.3% | Latin America & Caribbean (excluding high income) |
| 2020s | 7.5% | 20.3% | 12.8% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Latin America & Caribbean (excluding high income) or Palau?
- Palau, at 20.3% against 6.5% in Latin America & Caribbean (excluding high income) as of 2020.
- What is the difference in net incurrence of liabilities, total between Latin America & Caribbean (excluding high income) and Palau?
- 13.8%, with Palau ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Palau?
- 11 years are reported by both, from 2010 to 2020.
- How do Latin America & Caribbean (excluding high income) and Palau rank globally for net incurrence of liabilities, total?
- Latin America & Caribbean (excluding high income) ranks 4th and Palau ranks 1st of 21 groups.
- 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.