Congo vs Latin America & Caribbean (excluding high income): Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Congo
- Latin America & Caribbean (excluding high income)
How they compare
Congo currently reports 1.3% against -4.8% in Latin America & Caribbean (excluding high income), a difference of 6.1%.
The two have swapped places 2 times across 12 shared years of data; in 2010 it was Congo ahead.
Congo ranks 23rd and Latin America & Caribbean (excluding high income) ranks 21st of 156 countries.
Congo has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Congo | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.1% | -3.8% | 8.8% | Congo |
| 2020s | -2.2% | -6.6% | 4.4% | Congo |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Congo or Latin America & Caribbean (excluding high income)?
- Congo, at 1.3% against -4.8% in Latin America & Caribbean (excluding high income) as of 2021.
- What is the difference in net lending (+) / net borrowing (-) between Congo and Latin America & Caribbean (excluding high income)?
- 6.1%, with Congo ahead.
- How many years of comparable data are there for Congo and Latin America & Caribbean (excluding high income)?
- 12 years are reported by both, from 2010 to 2021.
- How do Congo and Latin America & Caribbean (excluding high income) rank globally for net lending (+) / net borrowing (-)?
- Congo ranks 23rd and Latin America & Caribbean (excluding high income) ranks 21st 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.