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.
Estonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -12.66 million current LCU | -69.45 million current LCU | 56.79 million current LCU | Estonia |
| 2000s | 106.76 million current LCU | -283.14 million current LCU | 389.90 million current LCU | Estonia |
| 2010s | 1.08 million current LCU | -375.18 million current LCU | 376.26 million current LCU | Estonia |
| 2020s | -752.96 million current LCU | -1.35 billion current LCU | 599.49 million current LCU | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Estonia or Latvia?
- Estonia, at -527.80 million current LCU against -798.05 million current LCU in Latvia as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Estonia and Latvia?
- 270.25 million current LCU, with Estonia ahead.
- How many years of comparable data are there for Estonia and Latvia?
- 30 years are reported by both, from 1995 to 2024.
- How do Estonia and Latvia rank globally for net lending (+) / net borrowing (-)?
- Estonia ranks 54th and Latvia ranks 56th 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.