Cabo Verde vs Trinidad and Tobago: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Cabo Verde
- Trinidad and Tobago
How they compare
Cabo Verde currently reports -16.52 billion current LCU against -16.84 billion current LCU in Trinidad and Tobago, a difference of 327.60 million current LCU.
The two have swapped places 3 times across 15 shared years of data; in 2005 it was Trinidad and Tobago ahead.
Cabo Verde ranks 82nd and Trinidad and Tobago ranks 83rd of 156 countries.
Trinidad and Tobago has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cabo Verde | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.25 billion current LCU | 1.32 billion current LCU | 4.57 billion current LCU | Trinidad and Tobago |
| 2010s | -6.14 billion current LCU | -5.81 billion current LCU | 332.66 million current LCU | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Cabo Verde or Trinidad and Tobago?
- Cabo Verde, at -16.52 billion current LCU against -16.84 billion current LCU in Trinidad and Tobago as of 2020.
- What is the difference in net lending (+) / net borrowing (-) between Cabo Verde and Trinidad and Tobago?
- 327.60 million current LCU, with Cabo Verde ahead.
- How many years of comparable data are there for Cabo Verde and Trinidad and Tobago?
- 15 years are reported by both, from 2005 to 2019.
- How do Cabo Verde and Trinidad and Tobago rank globally for net lending (+) / net borrowing (-)?
- Cabo Verde ranks 82nd and Trinidad and Tobago ranks 83rd 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.