North America vs Palau: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- North America
- Palau
How they compare
Palau currently reports 20.3% against 6.9% in North America, a difference of 13.4%.
That makes Palau's figure about 3.0 times North America's.
The two have swapped places 2 times across 13 shared years of data; in 2008 it was North America ahead.
North America ranks 3rd and Palau ranks 1st of 21 groups.
North America has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | North America | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.6% | -0.7% | 10.4% | North America |
| 2010s | 5.6% | 1.3% | 4.3% | North America |
| 2020s | 23.1% | 20.3% | 2.8% | North America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, North America or Palau?
- Palau, at 20.3% against 6.9% in North America as of 2020.
- What is the difference in net incurrence of liabilities, total between North America and Palau?
- 13.4%, with Palau ahead.
- How many years of comparable data are there for North America and Palau?
- 13 years are reported by both, from 2008 to 2020.
- How do North America and Palau rank globally for net incurrence of liabilities, total?
- North America ranks 3rd and Palau ranks 1st of 21 groups.
- 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.