Portugal vs Turkey: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Portugal
- Turkey
How they compare
Portugal currently reports 5.4% against 5.3% in Turkey, a difference of 0.1%.
Across all 6 years both countries report, Portugal has been ahead every year.
Portugal ranks 36th and Turkey ranks 37th of 136 countries.
Portugal has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Portugal | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.9% | 4.2% | 3.8% | Portugal |
| 1980s | 6.9% | 3.2% | 3.8% | Portugal |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Portugal or Turkey?
- Portugal, at 5.4% against 5.3% in Turkey as of 1994.
- What is the difference in net incurrence of liabilities, total between Portugal and Turkey?
- 0.1%, with Portugal ahead.
- How many years of comparable data are there for Portugal and Turkey?
- 6 years are reported by both, from 1978 to 1989.
- How do Portugal and Turkey rank globally for net incurrence of liabilities, total?
- Portugal ranks 36th and Turkey ranks 37th 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.
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.