Germany vs Italy: Net lending (+) / net borrowing (-)

Germany
-72.74 billion current LCU
in 2024
Italy
-75.73 billion current LCU
in 2024
Germany rank
102nd
Italy rank
103rd

Net lending (+) / net borrowing (-) over time

  • Germany
  • Italy
-150.0B-100.0B-50.0B050.0B197219982024

How they compare

Germany currently reports -72.74 billion current LCU against -75.73 billion current LCU in Italy, a difference of 2.99 billion current LCU.

The two have swapped places 12 times across 42 shared years of data; in 1973 it was Germany ahead.

Germany ranks 102nd and Italy ranks 103rd of 156 countries.

Across the 6 decades both report, Germany averaged higher in 4 and Italy in 2.

Head to head by decade

Decade Germany Italy Difference Ahead
1970s -8.38 billion current LCU -5.89 billion current LCU 2.49 billion current LCU Italy
1980s -7.66 billion current LCU -51.84 billion current LCU 44.18 billion current LCU Germany
1990s -56.50 billion current LCU -42.82 billion current LCU 13.68 billion current LCU Italy
2000s -32.19 billion current LCU -39.88 billion current LCU 7.69 billion current LCU Germany
2010s 6.60 billion current LCU -47.02 billion current LCU 53.62 billion current LCU Germany
2020s -102.96 billion current LCU -141.65 billion current LCU 38.68 billion current LCU Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net lending (+) / net borrowing (-), Germany or Italy?
Germany, at -72.74 billion current LCU against -75.73 billion current LCU in Italy as of 2024.
What is the difference in net lending (+) / net borrowing (-) between Germany and Italy?
2.99 billion current LCU, with Germany ahead.
How many years of comparable data are there for Germany and Italy?
42 years are reported by both, from 1973 to 2024.
How do Germany and Italy rank globally for net lending (+) / net borrowing (-)?
Germany ranks 102nd and Italy ranks 103rd 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

Indicator
Net lending (+) / net borrowing (-) (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
156 places, 4,460 data points, 1972–2024
Last refreshed

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.