Norway vs Somalia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Norway
- Somalia
How they compare
Norway currently reports 729.50 billion current LCU against 510.19 billion current LCU in Somalia, a difference of 219.31 billion current LCU.
That makes Norway's figure about 1.4 times Somalia's.
The two have swapped places 4 times across 8 shared years of data; in 2017 it was Norway ahead.
Globally, Norway ranks 7th and Somalia ranks 8th 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.