Iceland vs Spain: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Iceland
- Spain
How they compare
Iceland currently reports -47.09 billion current LCU against -50.45 billion current LCU in Spain, a difference of 3.35 billion current LCU.
The two have swapped places 10 times across 52 shared years of data; in 1972 it was Spain ahead.
Iceland ranks 94th and Spain ranks 96th of 156 countries.
Across the 6 decades both report, Iceland averaged higher in 3 and Spain in 3.
Head to head by decade
| Decade | Iceland | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -9.64 million current LCU | -232.67 million current LCU | 223.03 million current LCU | Iceland |
| 1980s | -3.32 billion current LCU | -6.18 billion current LCU | 2.86 billion current LCU | Iceland |
| 1990s | -5.08 billion current LCU | -38.30 million current LCU | 5.04 billion current LCU | Spain |
| 2000s | -10.87 billion current LCU | 10.17 billion current LCU | 21.04 billion current LCU | Spain |
| 2010s | 15.63 billion current LCU | -48.30 billion current LCU | 63.93 billion current LCU | Iceland |
| 2020s | -154.71 billion current LCU | -67.33 billion current LCU | 87.38 billion current LCU | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Iceland or Spain?
- Iceland, at -47.09 billion current LCU against -50.45 billion current LCU in Spain as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Iceland and Spain?
- 3.35 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Spain?
- 52 years are reported by both, from 1972 to 2023.
- How do Iceland and Spain rank globally for net lending (+) / net borrowing (-)?
- Iceland ranks 94th and Spain ranks 96th 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.