Estonia vs Latvia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Estonia
- Latvia
How they compare
Estonia currently reports -527.80 million current LCU against -798.05 million current LCU in Latvia, a difference of 270.25 million current LCU.
The two have swapped places 8 times across 30 shared years of data; in 1995 it was Estonia ahead.
Estonia ranks 54th and Latvia ranks 56th of 156 countries.
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.