Armenia vs Rwanda: Net lending (+) / net borrowing (-)

Armenia
-3.6%
in 2024
Rwanda
-4.0%
in 2023
Armenia rank
105th
Rwanda rank
107th

Net lending (+) / net borrowing (-) over time

  • Armenia
  • Rwanda
-8-6-4-20199020072024

How they compare

Armenia currently reports -3.6% against -4.0% in Rwanda, a difference of 0.4%.

The two have swapped places 1 time across 10 shared years of data; in 2014 it was Rwanda ahead.

Armenia ranks 105th and Rwanda ranks 107th of 156 countries.

Across the 2 decades both report, Armenia averaged higher in 1 and Rwanda in 1.

Head to head by decade

Decade Armenia Rwanda Difference Ahead
2010s -3.1% -2.7% 0.3% Rwanda
2020s -3.4% -5.0% 1.6% Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net lending (+) / net borrowing (-), Armenia or Rwanda?
Armenia, at -3.6% against -4.0% in Rwanda as of 2024.
What is the difference in net lending (+) / net borrowing (-) between Armenia and Rwanda?
0.4%, with Armenia ahead.
How many years of comparable data are there for Armenia and Rwanda?
10 years are reported by both, from 2014 to 2023.
How do Armenia and Rwanda rank globally for net lending (+) / net borrowing (-)?
Armenia ranks 105th and Rwanda ranks 107th 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 (-) (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Rwanda: Net lending (+) / net borrowing (-). Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 31 August 2026, from https://public-sector.statizoid.com/compare/net-lending-net-borrowing-percent-of-gdp/armenia/rwanda/

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About this data

Indicator
Net lending (+) / net borrowing (-) (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
182 places, 5,229 data points, 1972–2024
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.