Net lending (+) / net borrowing (-) in Least developed countries: UN classification
Least developed countries: UN classification: Net lending (+) / net borrowing (-) was -2.5% in 2021. ◆ Volatile
Net lending (+) / net borrowing (-) in Least developed countries: UN classification, 2009–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Least developed countries: UN classification is -2.5%, measured in 2021.
Compared with earlier readings it is up 37.1% on the previous year and down 864.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Least developed countries: UN classification peaked at 1.3% in 2012 and was at its lowest, -3.9%, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.3% | -3.3% | -3.3% | 1 |
| 2010s | -1.7% | -3.4% | 1.3% | 9 |
| 2020s | -3.2% | -3.9% | -2.5% | 2 |
More public sector data for Least developed countries: UN classification
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Tax revenue 10.6% (2021)
- Taxes on income, profits and capital gains 24.6% (2021)
- Taxes on goods and services 37.2% (2021)
- Net investment in nonfinancial assets 4.5% (2021)
- Interest payments 8.0% (2021)
- Grants and other revenue 26.7% (2021)
- Interest payments 8.9% (2021)
- Other taxes 0.6% (2021)
- Compensation of employees 39.9% (2021)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Least developed countries: UN classification?
- Net lending (+) / net borrowing (-) in Least developed countries: UN classification was -2.5% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Least developed countries: UN classification?
- The highest recorded value was 1.3% in 2012.
- What is the lowest net lending (+) / net borrowing (-) recorded in Least developed countries: UN classification?
- The lowest recorded value was -3.9% in 2020.
- Is net lending (+) / net borrowing (-) rising or falling in Least developed countries: UN classification?
- Over the last ten years it is down 864.7%. The long-run trend across the full record is volatile.
- Where does this Least developed countries: UN classification data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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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 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.