Congo vs Laos: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Congo
- Laos
How they compare
Laos currently reports 410.33 billion current LCU against 107.42 billion current LCU in Congo, a difference of 302.92 billion current LCU.
That makes Laos's figure about 3.8 times Congo's.
Across all 14 years both countries report, Congo has been ahead every year.
Congo ranks 12th and Laos ranks 10th of 156 countries.
Congo has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Congo | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 893.55 billion current LCU | -927.84 billion current LCU | 1.82 trillion current LCU | Congo |
| 2010s | 370.09 billion current LCU | -3.91 trillion current LCU | 4.28 trillion current LCU | Congo |
| 2020s | -133.99 billion current LCU | -4.99 trillion current LCU | 4.86 trillion current LCU | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Congo or Laos?
- Laos, at 410.33 billion current LCU against 107.42 billion current LCU in Congo as of 2022.
- What is the difference in net lending (+) / net borrowing (-) between Congo and Laos?
- 302.92 billion current LCU, with Laos ahead.
- How many years of comparable data are there for Congo and Laos?
- 14 years are reported by both, from 2008 to 2021.
- How do Congo and Laos rank globally for net lending (+) / net borrowing (-)?
- Congo ranks 12th and Laos ranks 10th 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.