Congo vs East Timor: Net lending (+) / net borrowing (-)

Congo
1.3%
in 2021
East Timor
1.6%
in 2022
Congo rank
23rd
East Timor rank
21st

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

  • Congo
  • East Timor
-1000100200200120112022

How they compare

East Timor currently reports 1.6% against 1.3% in Congo, a difference of 0.3%.

That makes East Timor's figure about 1.2 times Congo's.

The two have swapped places 3 times across 12 shared years of data; in 2010 it was East Timor ahead.

Globally, Congo ranks 23rd and East Timor ranks 21st of 156 countries.

Individual pages

About this data

Indicator
Net lending (+) / net borrowing (-) (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 5,229 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.