Pacific island small states vs United States of America: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Pacific island small states
- United States of America
How they compare
United States of America currently reports 7.0% against 3.0% in Pacific island small states, a difference of 4.0%.
That makes United States of America's figure about 2.3 times Pacific island small states's.
The two have swapped places 2 times across 13 shared years of data; in 2011 it was United States of America ahead.
Pacific island small states ranks 17th and United States of America ranks 19th of 21 groups.
United States of America has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Pacific island small states | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.2% | 5.4% | 4.3% | United States of America |
| 2020s | 6.3% | 11.0% | 4.7% | United States of America |
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 United States of America?
- United States of America, at 7.0% 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 United States of America?
- 4.0%, with United States of America ahead.
- How many years of comparable data are there for Pacific island small states and United States of America?
- 13 years are reported by both, from 2011 to 2023.
- How do Pacific island small states and United States of America rank globally for net incurrence of liabilities, total?
- Pacific island small states ranks 17th and United States of America ranks 19th 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.