Guinea-Bissau vs Italy: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Guinea-Bissau
- Italy
How they compare
Italy currently reports -75.73 billion current LCU against -106.48 billion current LCU in Guinea-Bissau, a difference of 30.75 billion current LCU.
The two have swapped places 1 time across 8 shared years of data; in 2017 it was Guinea-Bissau ahead.
Globally, Guinea-Bissau ranks 106th and Italy ranks 103rd 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.