Luxembourg vs Portugal: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Luxembourg
- Portugal
How they compare
Portugal currently reports 1.19 billion current LCU against 702.40 million current LCU in Luxembourg, a difference of 490.50 million current LCU.
That makes Portugal's figure about 1.7 times Luxembourg's.
The two have swapped places 1 time across 45 shared years of data; in 1975 it was Luxembourg ahead.
Globally, Luxembourg ranks 29th and Portugal ranks 27th of 156 countries.
Individual pages
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.