Least developed countries vs Sri Lanka: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Least developed countries
- Sri Lanka
How they compare
Sri Lanka currently reports 10.1% against 3.8% in Least developed countries, a difference of 6.3%.
That makes Sri Lanka's figure about 2.6 times Least developed countries's.
The two have swapped places 2 times across 11 shared years of data; in 2010 it was Sri Lanka ahead.
Least developed countries ranks 11th 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 | Least developed countries | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.5% | 5.8% | 2.2% | Sri Lanka |
| 2020s | 4.1% | 11.3% | 7.2% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Least developed countries or Sri Lanka?
- Sri Lanka, at 10.1% against 3.8% in Least developed countries as of 2023.
- What is the difference in net incurrence of liabilities, total between Least developed countries and Sri Lanka?
- 6.3%, with Sri Lanka ahead.
- How many years of comparable data are there for Least developed countries and Sri Lanka?
- 11 years are reported by both, from 2010 to 2021.
- How do Least developed countries and Sri Lanka rank globally for net incurrence of liabilities, total?
- Least developed countries ranks 11th 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.