Equatorial Guinea vs Mongolia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Equatorial Guinea
- Mongolia
How they compare
Mongolia currently reports 1.46 trillion current LCU against 979.19 billion current LCU in Equatorial Guinea, a difference of 484.12 billion current LCU.
That makes Mongolia's figure about 1.5 times Equatorial Guinea's.
The two have swapped places 6 times across 17 shared years of data; in 2006 it was Equatorial Guinea ahead.
Equatorial Guinea ranks 6th and Mongolia ranks 5th of 156 countries.
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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.