Nepal vs Rwanda: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Nepal
- Rwanda
How they compare
Nepal currently reports 7.0% against 6.6% in Rwanda, a difference of 0.4%.
That makes Nepal's figure about 1.1 times Rwanda's.
The two have swapped places 2 times across 8 shared years of data; in 2014 it was Rwanda ahead.
Nepal ranks 21st and Rwanda ranks 24th of 136 countries.
Rwanda has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Nepal | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.3% | 4.8% | 2.4% | Rwanda |
| 2020s | 7.5% | 10.6% | 3.1% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Nepal or Rwanda?
- Nepal, at 7.0% against 6.6% in Rwanda as of 2021.
- What is the difference in net incurrence of liabilities, total between Nepal and Rwanda?
- 0.4%, with Nepal ahead.
- How many years of comparable data are there for Nepal and Rwanda?
- 8 years are reported by both, from 2014 to 2021.
- How do Nepal and Rwanda rank globally for net incurrence of liabilities, total?
- Nepal ranks 21st and Rwanda ranks 24th 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.