Marshall Islands vs Tonga: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Marshall Islands
- Tonga
How they compare
Tonga currently reports 0.0% against -0.1% in Marshall Islands, a difference of 0.1%.
The two have swapped places 3 times across 8 shared years of data; in 2013 it was Marshall Islands ahead.
Marshall Islands ranks 123rd and Tonga ranks 121st of 136 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Marshall Islands | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -0.5% | 0.0% | 0.6% | Tonga |
| 2020s | -0.1% | 0.7% | 0.8% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Marshall Islands or Tonga?
- Tonga, at 0.0% against -0.1% in Marshall Islands as of 2023.
- What is the difference in net incurrence of liabilities, total between Marshall Islands and Tonga?
- 0.1%, with Tonga ahead.
- How many years of comparable data are there for Marshall Islands and Tonga?
- 8 years are reported by both, from 2013 to 2020.
- How do Marshall Islands and Tonga rank globally for net incurrence of liabilities, total?
- Marshall Islands ranks 123rd and Tonga ranks 121st 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.
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.