Norway vs Russia: Net lending (+) / net borrowing (-)

Norway
729.50 billion current LCU
in 2024
Russia
3.16 trillion current LCU
in 2024
Norway rank
7th
Russia rank
4th

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

  • Norway
  • Russia
-2.0T02.0T4.0T6.0T197219982024

How they compare

Russia currently reports 3.16 trillion current LCU against 729.50 billion current LCU in Norway, a difference of 2.43 trillion current LCU.

That makes Russia's figure about 4.3 times Norway's.

The two have swapped places 9 times across 29 shared years of data; in 1994 it was Norway ahead.

Globally, Norway ranks 7th and Russia ranks 4th 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.