Congo vs Heavily indebted poor countries (HIPC): Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Congo
- Heavily indebted poor countries (HIPC)
How they compare
Congo currently reports 1.3% against -4.9% in Heavily indebted poor countries (HIPC), a difference of 6.2%.
The two have swapped places 3 times across 10 shared years of data; in 2010 it was Congo ahead.
Congo ranks 23rd and Heavily indebted poor countries (HIPC) ranks 20th of 156 countries.
Across the 2 decades both report, Congo averaged higher in 1 and Heavily indebted poor countries (HIPC) in 1.
Head to head by decade
| Decade | Congo | Heavily indebted poor countries (HIPC) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.8% | -2.4% | 6.3% | Congo |
| 2020s | -5.7% | -4.9% | 0.8% | Heavily indebted poor countries (HIPC) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Congo or Heavily indebted poor countries (HIPC)?
- Congo, at 1.3% against -4.9% in Heavily indebted poor countries (HIPC) as of 2021.
- What is the difference in net lending (+) / net borrowing (-) between Congo and Heavily indebted poor countries (HIPC)?
- 6.2%, with Congo ahead.
- How many years of comparable data are there for Congo and Heavily indebted poor countries (HIPC)?
- 10 years are reported by both, from 2010 to 2020.
- How do Congo and Heavily indebted poor countries (HIPC) rank globally for net lending (+) / net borrowing (-)?
- Congo ranks 23rd and Heavily indebted poor countries (HIPC) ranks 20th 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.