East Timor vs Tonga: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- East Timor
- Tonga
How they compare
Tonga currently reports 73.41 million current LCU against 50.88 million current LCU in East Timor, a difference of 22.54 million current LCU.
That makes Tonga's figure about 1.4 times East Timor's.
The two have swapped places 4 times across 10 shared years of data; in 2013 it was East Timor ahead.
Globally, East Timor ranks 34th and Tonga ranks 33rd of 156 countries.
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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.