Nauru vs Tonga: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Nauru
- Tonga
How they compare
Tonga currently reports 73.41 million current LCU against 38.74 million current LCU in Nauru, a difference of 34.67 million current LCU.
That makes Tonga's figure about 1.9 times Nauru's.
The two have swapped places 4 times across 10 shared years of data; in 2014 it was Tonga ahead.
Nauru ranks 35th and Tonga ranks 33rd of 156 countries.
Across the 2 decades both report, Nauru averaged higher in 1 and Tonga in 1.
Head to head by decade
| Decade | Nauru | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 21.89 million current LCU | 24.34 million current LCU | 2.44 million current LCU | Tonga |
| 2020s | 51.80 million current LCU | 28.51 million current LCU | 23.29 million current LCU | Nauru |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Nauru or Tonga?
- Tonga, at 73.41 million current LCU against 38.74 million current LCU in Nauru as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Nauru and Tonga?
- 34.67 million current LCU, with Tonga ahead.
- How many years of comparable data are there for Nauru and Tonga?
- 10 years are reported by both, from 2014 to 2023.
- How do Nauru and Tonga rank globally for net lending (+) / net borrowing (-)?
- Nauru ranks 35th and Tonga ranks 33rd 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.