North Macedonia vs Rwanda: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- North Macedonia
- Rwanda
How they compare
North Macedonia currently reports 6.6% against 6.6% in Rwanda, a difference of 0.0%.
The two have swapped places 2 times across 11 shared years of data; in 2014 it was North Macedonia ahead.
North Macedonia ranks 23rd 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 | North Macedonia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.3% | 4.8% | 1.5% | Rwanda |
| 2020s | 6.2% | 8.5% | 2.3% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, North Macedonia or Rwanda?
- North Macedonia, at 6.6% against 6.6% in Rwanda as of 2024.
- What is the difference in net incurrence of liabilities, total between North Macedonia and Rwanda?
- 0.0%, with North Macedonia ahead.
- How many years of comparable data are there for North Macedonia and Rwanda?
- 11 years are reported by both, from 2014 to 2024.
- How do North Macedonia and Rwanda rank globally for net incurrence of liabilities, total?
- North Macedonia ranks 23rd 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.