El Salvador vs Latvia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- El Salvador
- Latvia
How they compare
Latvia currently reports -2.0% against -2.1% in El Salvador, a difference of 0.1%.
The two have swapped places 9 times across 27 shared years of data; in 1998 it was El Salvador ahead.
El Salvador ranks 73rd and Latvia ranks 72nd of 156 countries.
Across the 4 decades both report, El Salvador averaged higher in 2 and Latvia in 2.
Head to head by decade
| Decade | El Salvador | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.6% | -1.8% | 1.2% | El Salvador |
| 2000s | -2.7% | -1.9% | 0.8% | Latvia |
| 2010s | -1.4% | -1.9% | 0.5% | El Salvador |
| 2020s | -4.1% | -4.0% | 0.2% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), El Salvador or Latvia?
- Latvia, at -2.0% against -2.1% in El Salvador as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between El Salvador and Latvia?
- 0.1%, with Latvia ahead.
- How many years of comparable data are there for El Salvador and Latvia?
- 27 years are reported by both, from 1998 to 2024.
- How do El Salvador and Latvia rank globally for net lending (+) / net borrowing (-)?
- El Salvador ranks 73rd and Latvia ranks 72nd 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.