Congo vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Congo
- Iceland
How they compare
Congo currently reports 119.50 billion current LCU against 113.95 billion current LCU in Iceland, a difference of 5.55 billion current LCU.
The two have swapped places 3 times across 18 shared years of data; in 2004 it was Congo ahead.
Globally, Congo ranks 54th and Iceland ranks 56th 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.