Micronesia (country) vs Palau: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Micronesia (country)
- Palau
How they compare
Palau currently reports 52.56 million current LCU against 5.59 million current LCU in Micronesia (country), a difference of 46.97 million current LCU.
That makes Palau's figure about 9.4 times Micronesia (country)'s.
The two have swapped places 7 times across 13 shared years of data; in 2008 it was Micronesia (country) ahead.
Globally, Micronesia (country) ranks 120th and Palau ranks 118th 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.