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