Turkey vs Ukraine: Net lending (+) / net borrowing (-) (current LCU)
Net lending (+) / net borrowing (-) (current LCU) over time
- Turkey
- Ukraine
How they compare
Ukraine currently reports -1.36 trillion current LCU against -1.41 trillion current LCU in Turkey, a difference of 49.71 billion current LCU.
The two have swapped places 4 times across 17 shared years of data; in 2008 it was Ukraine ahead.
Turkey ranks 135th and Ukraine ranks 133rd of 156 countries.
Across the 3 decades both report, Turkey averaged higher in 2 and Ukraine in 1.
Head to head by decade
| Decade | Turkey | Ukraine | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -34.88 billion current LCU | -32.55 billion current LCU | 2.33 billion current LCU | Ukraine |
| 2010s | -38.93 billion current LCU | -56.00 billion current LCU | 17.06 billion current LCU | Turkey |
| 2020s | -554.84 billion current LCU | -792.22 billion current LCU | 237.38 billion current LCU | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Turkey or Ukraine?
- Ukraine, at -1.36 trillion current LCU against -1.41 trillion current LCU in Turkey as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Turkey and Ukraine?
- 49.71 billion current LCU, with Ukraine ahead.
- How many years of comparable data are there for Turkey and Ukraine?
- 17 years are reported by both, from 2008 to 2024.
- How do Turkey and Ukraine rank globally for net lending (+) / net borrowing (-)?
- Turkey ranks 135th and Ukraine ranks 133rd 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.