Iraq vs Russia: Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Iraq
- Russia
How they compare
Iraq currently reports 2.0% against 1.6% in Russia, a difference of 0.4%.
That makes Iraq's figure about 1.3 times Russia's.
The two have swapped places 2 times across 6 shared years of data; in 2014 it was Russia ahead.
Iraq ranks 19th and Russia ranks 22nd of 156 countries.
Russia has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Iraq or Russia?
- Iraq, at 2.0% against 1.6% in Russia as of 2019.
- What is the difference in net lending (+) / net borrowing (-) between Iraq and Russia?
- 0.4%, with Iraq ahead.
- How many years of comparable data are there for Iraq and Russia?
- 6 years are reported by both, from 2014 to 2019.
- How do Iraq and Russia rank globally for net lending (+) / net borrowing (-)?
- Iraq ranks 19th and Russia ranks 22nd 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.
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.