Least developed countries vs Tonga: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Least developed countries
- Tonga
How they compare
Tonga currently reports 5.3% against -2.5% in Least developed countries, a difference of 7.8%.
That makes Tonga's figure about 2.1 times Least developed countries's.
Across all 9 years both countries report, Tonga has been ahead every year.
Least developed countries ranks 7th and Tonga ranks 8th of 24 groups.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -2.3% | 2.0% | 4.3% | Tonga |
| 2020s | -3.2% | 2.2% | 5.4% | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Least developed countries or Tonga?
- Tonga, at 5.3% against -2.5% in Least developed countries as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Least developed countries and Tonga?
- 7.8%, with Tonga ahead.
- How many years of comparable data are there for Least developed countries and Tonga?
- 9 years are reported by both, from 2013 to 2021.
- How do Least developed countries and Tonga rank globally for net lending (+) / net borrowing (-)?
- Least developed countries ranks 7th and Tonga ranks 8th of 24 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.