Philippines vs Rwanda: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Philippines
- Rwanda
How they compare
Philippines currently reports 1.28 trillion current LCU against 957.05 billion current LCU in Rwanda, a difference of 319.69 billion current LCU.
That makes Philippines's figure about 1.3 times Rwanda's.
The two have swapped places 3 times across 10 shared years of data; in 2014 it was Rwanda ahead.
Globally, Philippines ranks 28th and Rwanda ranks 31st 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.