Armenia vs South Africa: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Armenia
- South Africa
How they compare
South Africa currently reports -352.78 billion current LCU against -369.71 billion current LCU in Armenia, a difference of 16.93 billion current LCU.
The two have swapped places 7 times across 21 shared years of data; in 2004 it was Armenia ahead.
Armenia ranks 124th and South Africa ranks 122nd of 156 countries.
Across the 3 decades both report, Armenia averaged higher in 2 and South Africa in 1.
Head to head by decade
| Decade | Armenia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -53.78 billion current LCU | -22.19 billion current LCU | 31.60 billion current LCU | South Africa |
| 2010s | -137.57 billion current LCU | -200.44 billion current LCU | 62.88 billion current LCU | Armenia |
| 2020s | -269.79 billion current LCU | -371.34 billion current LCU | 101.55 billion current LCU | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Armenia or South Africa?
- South Africa, at -352.78 billion current LCU against -369.71 billion current LCU in Armenia as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Armenia and South Africa?
- 16.93 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Armenia and South Africa?
- 21 years are reported by both, from 2004 to 2024.
- How do Armenia and South Africa rank globally for net lending (+) / net borrowing (-)?
- Armenia ranks 124th and South Africa ranks 122nd 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.