Democratic Republic of Congo vs Philippines: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Democratic Republic of Congo
- Philippines
How they compare
Democratic Republic of Congo currently reports 1.39 trillion current LCU against 1.28 trillion current LCU in Philippines, a difference of 112.45 billion current LCU.
That makes Democratic Republic of Congo's figure about 1.1 times Philippines's.
The two have swapped places 2 times across 29 shared years of data; in 1990 it was Philippines ahead.
Globally, Democratic Republic of Congo ranks 26th and Philippines ranks 28th 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.