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

Equatorial Guinea
979.19 billion current LCU
in 2022
Somalia
510.19 billion current LCU
in 2024
Equatorial Guinea rank
6th
Somalia rank
8th

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

  • Equatorial Guinea
  • Somalia
010.0T20.0T30.0T40.0T50.0T200620152024

How they compare

Equatorial Guinea currently reports 979.19 billion current LCU against 510.19 billion current LCU in Somalia, a difference of 469.00 billion current LCU.

That makes Equatorial Guinea's figure about 1.9 times Somalia's.

The two have swapped places 1 time across 6 shared years of data; in 2017 it was Somalia ahead.

Globally, Equatorial Guinea ranks 6th 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.