Argentina vs Somalia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Argentina
- Somalia
How they compare
Somalia currently reports 510.19 billion current LCU against 449.43 billion current LCU in Argentina, a difference of 60.75 billion current LCU.
That makes Somalia's figure about 1.1 times Argentina's.
The two have swapped places 2 times across 8 shared years of data; in 2017 it was Somalia ahead.
Argentina ranks 9th and Somalia ranks 8th of 156 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Argentina | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -812.56 billion current LCU | 280.46 billion current LCU | 1.09 trillion current LCU | Somalia |
| 2020s | -2.90 trillion current LCU | 9.16 trillion current LCU | 12.07 trillion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Argentina or Somalia?
- Somalia, at 510.19 billion current LCU against 449.43 billion current LCU in Argentina as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Argentina and Somalia?
- 60.75 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Argentina and Somalia?
- 8 years are reported by both, from 2017 to 2024.
- How do Argentina and Somalia rank globally for net lending (+) / net borrowing (-)?
- Argentina ranks 9th and Somalia ranks 8th 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.
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.