Euro area vs Micronesia (country): Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Euro area
- Micronesia (country)
How they compare
Micronesia (country) currently reports 6.9% against -2.7% in Euro area, a difference of 9.6%.
That makes Micronesia (country)'s figure about 2.5 times Euro area's.
Across all 13 years both countries report, Micronesia (country) has been ahead every year.
Euro area ranks 9th and Micronesia (country) ranks 7th of 26 groups.
Micronesia (country) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Euro area | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.4% | 1.2% | 4.6% | Micronesia (country) |
| 2010s | -2.3% | 9.6% | 12.0% | Micronesia (country) |
| 2020s | -6.7% | 6.9% | 13.6% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Euro area or Micronesia (country)?
- Micronesia (country), at 6.9% against -2.7% in Euro area as of 2020.
- What is the difference in net lending (+) / net borrowing (-) between Euro area and Micronesia (country)?
- 9.6%, with Micronesia (country) ahead.
- How many years of comparable data are there for Euro area and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do Euro area and Micronesia (country) rank globally for net lending (+) / net borrowing (-)?
- Euro area ranks 9th and Micronesia (country) ranks 7th of 26 groups.
- 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.
Individual pages
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.