Cape Verde vs Trinidad and Tobago: Net lending (+) / net borrowing (-)

Cape Verde
-16.52 billion current LCU
in 2020
Trinidad and Tobago
-16.84 billion current LCU
in 2019
Cape Verde rank
82nd
Trinidad and Tobago rank
83rd

Net lending (+) / net borrowing (-) over time

  • Cape Verde
  • Trinidad and Tobago
-15.0B-10.0B-5.0B05.0B200120102020

How they compare

Cape Verde currently reports -16.52 billion current LCU against -16.84 billion current LCU in Trinidad and Tobago, a difference of 327.60 million current LCU.

The two have swapped places 3 times across 15 shared years of data; in 2005 it was Trinidad and Tobago ahead.

Globally, Cape Verde ranks 82nd and Trinidad and Tobago ranks 83rd of 156 countries.

Individual pages

About this data

Indicator
Net lending (+) / net borrowing (-) (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,460 data points, 1972–2024
Last refreshed

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.