Pacific island small states vs Singapore: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Pacific island small states
- Singapore
How they compare
Singapore currently reports 8.7% against 3.0% in Pacific island small states, a difference of 5.7%.
That makes Singapore's figure about 2.9 times Pacific island small states's.
The two have swapped places 4 times across 13 shared years of data; in 2011 it was Singapore ahead.
Pacific island small states ranks 17th and Singapore ranks 14th of 21 groups.
Singapore has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Pacific island small states | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.2% | 8.0% | 6.9% | Singapore |
| 2020s | 6.3% | 10.5% | 4.1% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Pacific island small states or Singapore?
- Singapore, at 8.7% against 3.0% in Pacific island small states as of 2024.
- What is the difference in net incurrence of liabilities, total between Pacific island small states and Singapore?
- 5.7%, with Singapore ahead.
- How many years of comparable data are there for Pacific island small states and Singapore?
- 13 years are reported by both, from 2011 to 2023.
- How do Pacific island small states and Singapore rank globally for net incurrence of liabilities, total?
- Pacific island small states ranks 17th and Singapore ranks 14th 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.
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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.