Argentina vs Congo: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Argentina
- Congo
How they compare
Argentina currently reports 449.43 billion current LCU against 107.42 billion current LCU in Congo, a difference of 342.02 billion current LCU.
That makes Argentina's figure about 4.2 times Congo's.
The two have swapped places 3 times across 12 shared years of data; in 2001 it was Argentina ahead.
Argentina ranks 9th and Congo ranks 12th of 156 countries.
Across the 3 decades both report, Argentina averaged higher in 1 and Congo in 2.
Head to head by decade
| Decade | Argentina | Congo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -9.86 billion current LCU | -20.15 billion current LCU | 10.29 billion current LCU | Argentina |
| 2010s | -535.25 billion current LCU | -152.98 billion current LCU | 382.27 billion current LCU | Congo |
| 2020s | -2.19 trillion current LCU | -133.99 billion current LCU | 2.06 trillion current LCU | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Argentina or Congo?
- Argentina, at 449.43 billion current LCU against 107.42 billion current LCU in Congo as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Argentina and Congo?
- 342.02 billion current LCU, with Argentina ahead.
- How many years of comparable data are there for Argentina and Congo?
- 12 years are reported by both, from 2001 to 2021.
- How do Argentina and Congo rank globally for net lending (+) / net borrowing (-)?
- Argentina ranks 9th and Congo ranks 12th of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net lending (+) / net borrowing (-) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.