Mexico vs United Kingdom: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Mexico
- United Kingdom
How they compare
Mexico currently reports 7.2% against 7.0% in United Kingdom, a difference of 0.2%.
The two have swapped places 1 time across 17 shared years of data; in 2008 it was United Kingdom ahead.
Mexico ranks 18th and United Kingdom ranks 20th of 136 countries.
United Kingdom has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mexico | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.5% | 14.3% | 11.8% | United Kingdom |
| 2010s | 2.9% | 6.3% | 3.4% | United Kingdom |
| 2020s | 4.5% | 9.8% | 5.3% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Mexico or United Kingdom?
- Mexico, at 7.2% against 7.0% in United Kingdom as of 2024.
- What is the difference in net incurrence of liabilities, total between Mexico and United Kingdom?
- 0.2%, with Mexico ahead.
- How many years of comparable data are there for Mexico and United Kingdom?
- 17 years are reported by both, from 2008 to 2024.
- How do Mexico and United Kingdom rank globally for net incurrence of liabilities, total?
- Mexico ranks 18th and United Kingdom ranks 20th 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.