Australia vs Sweden: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Australia
- Sweden
How they compare
Australia currently reports -31.49 billion current LCU against -43.01 billion current LCU in Sweden, a difference of 11.52 billion current LCU.
The two have swapped places 10 times across 51 shared years of data; in 1972 it was Sweden ahead.
Australia ranks 90th and Sweden ranks 93rd of 156 countries.
Across the 6 decades both report, Australia averaged higher in 2 and Sweden in 4.
Head to head by decade
| Decade | Australia | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -559.12 million current LCU | 3.93 billion current LCU | 4.49 billion current LCU | Sweden |
| 1980s | -1.63 billion current LCU | -14.39 billion current LCU | 12.76 billion current LCU | Australia |
| 1990s | -5.07 billion current LCU | -56.08 billion current LCU | 51.01 billion current LCU | Australia |
| 2000s | 6.79 billion current LCU | 34.62 billion current LCU | 27.83 billion current LCU | Sweden |
| 2010s | -33.52 billion current LCU | 16.16 billion current LCU | 49.68 billion current LCU | Sweden |
| 2020s | -91.03 billion current LCU | -48.55 billion current LCU | 42.48 billion current LCU | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Australia or Sweden?
- Australia, at -31.49 billion current LCU against -43.01 billion current LCU in Sweden as of 2022.
- What is the difference in net lending (+) / net borrowing (-) between Australia and Sweden?
- 11.52 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Sweden?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Sweden rank globally for net lending (+) / net borrowing (-)?
- Australia ranks 90th and Sweden ranks 93rd 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.