Jamaica vs Spain: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Jamaica
- Spain
How they compare
Spain currently reports -50.45 billion current LCU against -60.51 billion current LCU in Jamaica, a difference of 10.07 billion current LCU.
The two have swapped places 2 times across 33 shared years of data; in 1988 it was Jamaica ahead.
Jamaica ranks 99th and Spain ranks 96th of 156 countries.
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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.