Nepal vs North Macedonia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Nepal
- North Macedonia
How they compare
Nepal currently reports 7.0% against 6.6% in North Macedonia, a difference of 0.4%.
That makes Nepal's figure about 1.1 times North Macedonia's.
The two have swapped places 5 times across 17 shared years of data; in 2005 it was North Macedonia ahead.
Nepal ranks 21st and North Macedonia ranks 23rd of 136 countries.
Across the 3 decades both report, Nepal averaged higher in 1 and North Macedonia in 2.
Head to head by decade
| Decade | Nepal | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.6% | -0.9% | 2.5% | Nepal |
| 2010s | 1.5% | 3.6% | 2.0% | North Macedonia |
| 2020s | 7.5% | 8.0% | 0.5% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Nepal or North Macedonia?
- Nepal, at 7.0% against 6.6% in North Macedonia as of 2021.
- What is the difference in net incurrence of liabilities, total between Nepal and North Macedonia?
- 0.4%, with Nepal ahead.
- How many years of comparable data are there for Nepal and North Macedonia?
- 17 years are reported by both, from 2005 to 2021.
- How do Nepal and North Macedonia rank globally for net incurrence of liabilities, total?
- Nepal ranks 21st and North Macedonia ranks 23rd 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.