Cape Verde vs Ghana: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Cape Verde
- Ghana
How they compare
Ghana currently reports -15.10 billion current LCU against -16.52 billion current LCU in Cape Verde, a difference of 1.42 billion current LCU.
The two have swapped places 3 times across 16 shared years of data; in 2005 it was Ghana ahead.
Cape Verde ranks 82nd and Ghana ranks 79th of 156 countries.
Across the 3 decades both report, Cape Verde averaged higher in 2 and Ghana in 1.
Head to head by decade
| Decade | Cape Verde | Ghana | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.25 billion current LCU | -1.17 billion current LCU | 2.08 billion current LCU | Ghana |
| 2010s | -6.14 billion current LCU | -9.95 billion current LCU | 3.81 billion current LCU | Cape Verde |
| 2020s | -16.52 billion current LCU | -42.72 billion current LCU | 26.20 billion current LCU | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Cape Verde or Ghana?
- Ghana, at -15.10 billion current LCU against -16.52 billion current LCU in Cape Verde as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Cape Verde and Ghana?
- 1.42 billion current LCU, with Ghana ahead.
- How many years of comparable data are there for Cape Verde and Ghana?
- 16 years are reported by both, from 2005 to 2020.
- How do Cape Verde and Ghana rank globally for net lending (+) / net borrowing (-)?
- Cape Verde ranks 82nd and Ghana ranks 79th 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.