Equatorial Guinea vs Somalia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Equatorial Guinea
- Somalia
How they compare
Equatorial Guinea currently reports 979.19 billion current LCU against 510.19 billion current LCU in Somalia, a difference of 469.00 billion current LCU.
That makes Equatorial Guinea's figure about 1.9 times Somalia's.
The two have swapped places 1 time across 6 shared years of data; in 2017 it was Somalia ahead.
Equatorial Guinea ranks 6th and Somalia ranks 8th of 156 countries.
Across the 2 decades both report, Equatorial Guinea averaged higher in 1 and Somalia in 1.
Head to head by decade
| Decade | Equatorial Guinea | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -4.20 billion current LCU | 280.46 billion current LCU | 284.66 billion current LCU | Somalia |
| 2020s | 352.51 billion current LCU | -484.50 billion current LCU | 837.01 billion current LCU | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Equatorial Guinea or Somalia?
- Equatorial Guinea, at 979.19 billion current LCU against 510.19 billion current LCU in Somalia as of 2022.
- What is the difference in net lending (+) / net borrowing (-) between Equatorial Guinea and Somalia?
- 469.00 billion current LCU, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Somalia?
- 6 years are reported by both, from 2017 to 2022.
- How do Equatorial Guinea and Somalia rank globally for net lending (+) / net borrowing (-)?
- Equatorial Guinea ranks 6th and Somalia ranks 8th 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.