Philippines vs Turkey: Net lending (+) / net borrowing (-) (current LCU)
Net lending (+) / net borrowing (-) (current LCU) over time
- Philippines
- Turkey
How they compare
Turkey currently reports -1.41 trillion current LCU against -1.50 trillion current LCU in Philippines, a difference of 91.72 billion current LCU.
Across all 21 years both countries report, Turkey has been ahead every year.
Philippines ranks 137th and Turkey ranks 135th of 156 countries.
Turkey has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Philippines | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -20.97 billion current LCU | -56.25 million current LCU | 20.91 billion current LCU | Turkey |
| 2000s | -197.48 billion current LCU | -34.88 billion current LCU | 162.61 billion current LCU | Turkey |
| 2010s | -295.56 billion current LCU | -38.93 billion current LCU | 256.62 billion current LCU | Turkey |
| 2020s | -1.50 trillion current LCU | -554.84 billion current LCU | 946.51 billion current LCU | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Philippines or Turkey?
- Turkey, at -1.41 trillion current LCU against -1.50 trillion current LCU in Philippines as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Philippines and Turkey?
- 91.72 billion current LCU, with Turkey ahead.
- How many years of comparable data are there for Philippines and Turkey?
- 21 years are reported by both, from 1990 to 2024.
- How do Philippines and Turkey rank globally for net lending (+) / net borrowing (-)?
- Philippines ranks 137th 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.