Azerbaijan vs Latin America & Caribbean: Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Azerbaijan
- Latin America & Caribbean
How they compare
Azerbaijan currently reports 3.9% against -4.7% in Latin America & Caribbean, a difference of 8.6%.
Across all 15 years both countries report, Azerbaijan has been ahead every year.
Azerbaijan ranks 14th and Latin America & Caribbean ranks 16th of 156 countries.
Azerbaijan has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Azerbaijan | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.1% | -3.6% | 9.8% | Azerbaijan |
| 2020s | 4.1% | -5.3% | 9.4% | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Azerbaijan or Latin America & Caribbean?
- Azerbaijan, at 3.9% against -4.7% in Latin America & Caribbean as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Azerbaijan and Latin America & Caribbean?
- 8.6%, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Latin America & Caribbean?
- 15 years are reported by both, from 2010 to 2024.
- How do Azerbaijan and Latin America & Caribbean rank globally for net lending (+) / net borrowing (-)?
- Azerbaijan ranks 14th and Latin America & Caribbean ranks 16th 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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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 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.