Kiribati vs Palau: Net lending (+) / net borrowing (-)

Kiribati
-6.29 million current LCU
in 2023
Palau
-24.64 million current LCU
in 2020
Kiribati rank
40th
Palau rank
42nd

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

  • Kiribati
  • Palau
-50.0M050.0M100.0M150.0M200820152023

How they compare

Kiribati currently reports -6.29 million current LCU against -24.64 million current LCU in Palau, a difference of 18.35 million current LCU.

The two have swapped places 1 time across 10 shared years of data; in 2011 it was Palau ahead.

Globally, Kiribati ranks 40th and Palau ranks 42nd 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.