Micronesia, Federated States of vs Vanuatu: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Micronesia, Federated States of
- Vanuatu
How they compare
Micronesia, Federated States of currently reports 1.5% against 1.3% in Vanuatu, a difference of 0.2%.
That makes Micronesia, Federated States of's figure about 1.2 times Vanuatu's.
The two have swapped places 4 times across 12 shared years of data; in 2009 it was Vanuatu ahead.
Micronesia, Federated States of ranks 96th and Vanuatu ranks 99th of 136 countries.
Across the 3 decades both report, Micronesia, Federated States of averaged higher in 1 and Vanuatu in 2.
Head to head by decade
| Decade | Micronesia, Federated States of | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7% | 1.0% | 0.4% | Vanuatu |
| 2010s | 0.6% | 0.5% | 0.1% | Micronesia, Federated States of |
| 2020s | 1.5% | 2.2% | 0.7% | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Micronesia, Federated States of or Vanuatu?
- Micronesia, Federated States of, at 1.5% against 1.3% in Vanuatu as of 2020.
- What is the difference in net incurrence of liabilities, total between Micronesia, Federated States of and Vanuatu?
- 0.2%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Vanuatu?
- 12 years are reported by both, from 2009 to 2020.
- How do Micronesia, Federated States of and Vanuatu rank globally for net incurrence of liabilities, total?
- Micronesia, Federated States of ranks 96th and Vanuatu ranks 99th 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.