Ireland vs Tonga: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Ireland
- Tonga
How they compare
Tonga currently reports 5.3% against 4.4% in Ireland, a difference of 0.9%.
That makes Tonga's figure about 1.2 times Ireland's.
The two have swapped places 2 times across 11 shared years of data; in 2013 it was Tonga ahead.
Ireland ranks 10th and Tonga ranks 8th of 156 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ireland | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -1.8% | 2.0% | 3.7% | Tonga |
| 2020s | -0.7% | 2.2% | 2.9% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Ireland or Tonga?
- Tonga, at 5.3% against 4.4% in Ireland as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Ireland and Tonga?
- 0.9%, with Tonga ahead.
- How many years of comparable data are there for Ireland and Tonga?
- 11 years are reported by both, from 2013 to 2023.
- How do Ireland and Tonga rank globally for net lending (+) / net borrowing (-)?
- Ireland ranks 10th and Tonga ranks 8th 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.