Kenya vs Turkey: Net lending (+) / net borrowing (-) (current LCU)
Net lending (+) / net borrowing (-) (current LCU) over time
- Kenya
- Turkey
How they compare
Turkey currently reports -1.41 trillion current LCU against -1.50 trillion current LCU in Kenya, a difference of 89.51 billion current LCU.
Across all 10 years both countries report, Turkey has been ahead every year.
Kenya ranks 136th and Turkey ranks 135th of 156 countries.
Turkey has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kenya | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -572.03 billion current LCU | -58.32 billion current LCU | 513.71 billion current LCU | Turkey |
| 2020s | -1.04 trillion current LCU | -341.06 billion current LCU | 701.31 billion current LCU | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Kenya or Turkey?
- Turkey, at -1.41 trillion current LCU against -1.50 trillion current LCU in Kenya as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Kenya and Turkey?
- 89.51 billion current LCU, with Turkey ahead.
- How many years of comparable data are there for Kenya and Turkey?
- 10 years are reported by both, from 2014 to 2023.
- How do Kenya and Turkey rank globally for net lending (+) / net borrowing (-)?
- Kenya ranks 136th and Turkey ranks 135th 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.
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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.