Ecuador vs Kiribati: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Ecuador
- Kiribati
How they compare
Kiribati currently reports -6.29 million current LCU against -7.22 million current LCU in Ecuador, a difference of 930,360 current LCU.
The two have swapped places 1 time across 10 shared years of data; in 2013 it was Kiribati ahead.
Globally, Ecuador ranks 41st and Kiribati ranks 40th of 156 countries.
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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.