European Union vs Micronesia (country): Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- European Union
- Micronesia (country)
How they compare
Micronesia (country) currently reports 6.9% against -2.7% in European Union, a difference of 9.6%.
That makes Micronesia (country)'s figure about 2.5 times European Union's.
Across all 13 years both countries report, Micronesia (country) has been ahead every year.
European Union ranks 8th 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 | European Union | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -3.2% | 1.2% | 4.5% | Micronesia (country) |
| 2010s | -2.2% | 9.6% | 11.8% | Micronesia (country) |
| 2020s | -6.5% | 6.9% | 13.4% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), European Union or Micronesia (country)?
- Micronesia (country), at 6.9% against -2.7% in European Union as of 2020.
- What is the difference in net lending (+) / net borrowing (-) between European Union and Micronesia (country)?
- 9.6%, with Micronesia (country) ahead.
- How many years of comparable data are there for European Union and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do European Union and Micronesia (country) rank globally for net lending (+) / net borrowing (-)?
- European Union ranks 8th 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.