Cyprus vs Greece: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Cyprus
- Greece
How they compare
Greece currently reports 2.88 billion current LCU against 1.45 billion current LCU in Cyprus, a difference of 1.43 billion current LCU.
That makes Greece's figure about 2.0 times Cyprus's.
The two have swapped places 3 times across 49 shared years of data; in 1972 it was Cyprus ahead.
Globally, Cyprus ranks 25th and Greece ranks 24th 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.