Ecuador vs Kiribati: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Ecuador
- Kiribati
How they compare
Kiribati currently reports -6.29 million current LCU against -7.22 million current LCU in Ecuador, a difference of 930,360 current LCU.
The two have swapped places 1 time across 10 shared years of data; in 2013 it was Kiribati ahead.
Ecuador ranks 41st and Kiribati ranks 40th of 156 countries.
Kiribati has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Kiribati | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -6.45 billion current LCU | 76.77 million current LCU | 6.53 billion current LCU | Kiribati |
| 2020s | -3.43 billion current LCU | 9.76 million current LCU | 3.44 billion current LCU | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Ecuador or Kiribati?
- Kiribati, at -6.29 million current LCU against -7.22 million current LCU in Ecuador as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Ecuador and Kiribati?
- 930,360 current LCU, with Kiribati ahead.
- How many years of comparable data are there for Ecuador and Kiribati?
- 10 years are reported by both, from 2013 to 2022.
- How do Ecuador and Kiribati rank globally for net lending (+) / net borrowing (-)?
- Ecuador ranks 41st and Kiribati ranks 40th 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.