Papua New Guinea vs Slovakia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Papua New Guinea
- Slovakia
How they compare
Papua New Guinea currently reports -3.93 billion current LCU against -7.06 billion current LCU in Slovakia, a difference of 3.12 billion current LCU.
The two have swapped places 2 times across 19 shared years of data; in 1995 it was Papua New Guinea ahead.
Papua New Guinea ranks 67th and Slovakia ranks 70th of 156 countries.
Across the 4 decades both report, Papua New Guinea averaged higher in 2 and Slovakia in 2.
Head to head by decade
| Decade | Papua New Guinea | Slovakia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -69.52 million current LCU | -1.23 billion current LCU | 1.16 billion current LCU | Papua New Guinea |
| 2000s | -193.21 million current LCU | -3.35 billion current LCU | 3.15 billion current LCU | Papua New Guinea |
| 2010s | -2.96 billion current LCU | -1.74 billion current LCU | 1.21 billion current LCU | Slovakia |
| 2020s | -5.63 billion current LCU | -5.07 billion current LCU | 564.92 million current LCU | Slovakia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Papua New Guinea or Slovakia?
- Papua New Guinea, at -3.93 billion current LCU against -7.06 billion current LCU in Slovakia as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Papua New Guinea and Slovakia?
- 3.12 billion current LCU, with Papua New Guinea ahead.
- How many years of comparable data are there for Papua New Guinea and Slovakia?
- 19 years are reported by both, from 1995 to 2024.
- How do Papua New Guinea and Slovakia rank globally for net lending (+) / net borrowing (-)?
- Papua New Guinea ranks 67th and Slovakia ranks 70th 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.