Latin America & Caribbean vs Mongolia: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Latin America & Caribbean
- Mongolia
How they compare
Mongolia currently reports 1.8% against -4.7% in Latin America & Caribbean, a difference of 6.5%.
The two have swapped places 6 times across 15 shared years of data; in 2010 it was Mongolia ahead.
Latin America & Caribbean ranks 19th and Mongolia ranks 20th of 26 groups.
Mongolia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -3.6% | -2.6% | 1.0% | Mongolia |
| 2020s | -5.3% | -2.1% | 3.3% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Latin America & Caribbean or Mongolia?
- Mongolia, at 1.8% against -4.7% in Latin America & Caribbean as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Latin America & Caribbean and Mongolia?
- 6.5%, with Mongolia ahead.
- How many years of comparable data are there for Latin America & Caribbean and Mongolia?
- 15 years are reported by both, from 2010 to 2024.
- How do Latin America & Caribbean and Mongolia rank globally for net lending (+) / net borrowing (-)?
- Latin America & Caribbean ranks 19th and Mongolia ranks 20th 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.