Andorra vs Tonga: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Andorra
- Tonga
How they compare
Andorra currently reports 4.87 million current LCU against 693,426 current LCU in Tonga, a difference of 4.18 million current LCU.
That makes Andorra's figure about 7.0 times Tonga's.
The two have swapped places 2 times across 6 shared years of data; in 2018 it was Tonga ahead.
Globally, Andorra ranks 121st and Tonga ranks 122nd of 136 countries.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.