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