Equatorial Guinea vs Least developed countries: Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Equatorial Guinea
- Least developed countries
How they compare
Equatorial Guinea currently reports 11.5% against -2.5% in Least developed countries, a difference of 14.0%.
That makes Equatorial Guinea's figure about 4.6 times Least developed countries's.
The two have swapped places 2 times across 12 shared years of data; in 2009 it was Equatorial Guinea ahead.
Equatorial Guinea ranks 3rd and Least developed countries ranks 6th of 156 countries.
Across the 3 decades both report, Equatorial Guinea averaged higher in 2 and Least developed countries in 1.
Head to head by decade
| Decade | Equatorial Guinea | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.1% | -3.3% | 0.2% | Equatorial Guinea |
| 2010s | -3.3% | -1.7% | 1.6% | Least developed countries |
| 2020s | 0.4% | -3.2% | 3.7% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Equatorial Guinea or Least developed countries?
- Equatorial Guinea, at 11.5% against -2.5% in Least developed countries as of 2022.
- What is the difference in net lending (+) / net borrowing (-) between Equatorial Guinea and Least developed countries?
- 14.0%, with Equatorial Guinea ahead.
- How many years of comparable data are there for Equatorial Guinea and Least developed countries?
- 12 years are reported by both, from 2009 to 2021.
- How do Equatorial Guinea and Least developed countries rank globally for net lending (+) / net borrowing (-)?
- Equatorial Guinea ranks 3rd and Least developed countries ranks 6th 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.