Azerbaijan vs Ireland: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Azerbaijan
- Ireland
How they compare
Ireland currently reports 24.80 billion current LCU against 4.96 billion current LCU in Azerbaijan, a difference of 19.84 billion current LCU.
That makes Ireland's figure about 5.0 times Azerbaijan's.
The two have swapped places 3 times across 23 shared years of data; in 1994 it was Azerbaijan ahead.
Globally, Azerbaijan ranks 19th and Ireland ranks 16th 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.