Denmark vs Somalia: Net lending (+) / net borrowing (-)

Denmark
122.81 billion current LCU
in 2024
Somalia
510.19 billion current LCU
in 2024
Denmark rank
11th
Somalia rank
8th

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

  • Denmark
  • Somalia
010.0T20.0T30.0T40.0T50.0T197219982024

How they compare

Somalia currently reports 510.19 billion current LCU against 122.81 billion current LCU in Denmark, a difference of 387.38 billion current LCU.

That makes Somalia's figure about 4.2 times Denmark's.

The two have swapped places 2 times across 8 shared years of data; in 2017 it was Somalia ahead.

Globally, Denmark ranks 11th and Somalia ranks 8th 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.