Latin America & the Caribbean (IDA & IBRD countries) vs Sri Lanka: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Sri Lanka
How they compare
Sri Lanka currently reports 10.1% against 6.2% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.9%.
That makes Sri Lanka's figure about 1.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 2 times across 14 shared years of data; in 2010 it was Sri Lanka ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 5th and Sri Lanka ranks 8th of 21 groups.
Sri Lanka has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.5% | 5.8% | 1.4% | Sri Lanka |
| 2020s | 5.8% | 10.7% | 5.0% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Latin America & the Caribbean (IDA & IBRD countries) or Sri Lanka?
- Sri Lanka, at 10.1% against 6.2% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
- What is the difference in net incurrence of liabilities, total between Latin America & the Caribbean (IDA & IBRD countries) and Sri Lanka?
- 3.9%, with Sri Lanka ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Sri Lanka?
- 14 years are reported by both, from 2010 to 2023.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Sri Lanka rank globally for net incurrence of liabilities, total?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 5th and Sri Lanka ranks 8th 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.