Congo vs Mongolia: Net lending (+) / net borrowing (-)

Congo
1.3%
in 2021
Mongolia
1.8%
in 2024
Congo rank
23rd
Mongolia rank
20th

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

  • Congo
  • Mongolia
-10010203040199220082024

How they compare

Mongolia currently reports 1.8% against 1.3% in Congo, a difference of 0.5%.

That makes Mongolia's figure about 1.4 times Congo's.

The two have swapped places 5 times across 19 shared years of data; in 2001 it was Mongolia ahead.

Congo ranks 23rd and Mongolia ranks 20th of 156 countries.

Individual pages

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.