Lower middle income vs Micronesia (country): Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Lower middle income
- Micronesia (country)
How they compare
Micronesia (country) currently reports 6.9% against -2.4% in Lower middle income, a difference of 9.3%.
That makes Micronesia (country)'s figure about 2.9 times Lower middle income's.
Across all 11 years both countries report, Micronesia (country) has been ahead every year.
Lower middle income ranks 5th and Micronesia (country) ranks 7th of 26 groups.
Micronesia (country) has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lower middle income | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -4.5% | 1.2% | 5.7% | Micronesia (country) |
| 2010s | -3.2% | 8.7% | 11.9% | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Lower middle income or Micronesia (country)?
- Micronesia (country), at 6.9% against -2.4% in Lower middle income as of 2020.
- What is the difference in net lending (+) / net borrowing (-) between Lower middle income and Micronesia (country)?
- 9.3%, with Micronesia (country) ahead.
- How many years of comparable data are there for Lower middle income and Micronesia (country)?
- 11 years are reported by both, from 2008 to 2018.
- How do Lower middle income and Micronesia (country) rank globally for net lending (+) / net borrowing (-)?
- Lower middle income ranks 5th 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.
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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.