Argentina vs Norway: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Argentina
- Norway
How they compare
Norway currently reports 729.50 billion current LCU against 449.43 billion current LCU in Argentina, a difference of 280.07 billion current LCU.
That makes Norway's figure about 1.6 times Argentina's.
The two have swapped places 2 times across 26 shared years of data; in 1990 it was Norway ahead.
Globally, Argentina ranks 9th and Norway ranks 7th of 156 countries.
Individual pages
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.