Mexico vs Philippines: Net lending (+) / net borrowing (-)

Mexico
-1.99 trillion current LCU
in 2024
Philippines
-1.50 trillion current LCU
in 2024
Mexico rank
139th
Philippines rank
137th

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

  • Mexico
  • Philippines
-2.0T-1.5T-1.0T-500.0B0197219982024

How they compare

Philippines currently reports -1.50 trillion current LCU against -1.99 trillion current LCU in Mexico, a difference of 491.50 billion current LCU.

The two have swapped places 3 times across 21 shared years of data; in 1990 it was Mexico ahead.

Globally, Mexico ranks 139th and Philippines ranks 137th 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.