Luxembourg vs San Marino: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Luxembourg
- San Marino
How they compare
San Marino currently reports 1.2% against 0.8% in Luxembourg, a difference of 0.4%.
That makes San Marino's figure about 1.5 times Luxembourg's.
The two have swapped places 3 times across 11 shared years of data; in 2002 it was Luxembourg ahead.
Luxembourg ranks 29th and San Marino ranks 27th of 156 countries.
Across the 3 decades both report, Luxembourg averaged higher in 2 and San Marino in 1.
Head to head by decade
| Decade | Luxembourg | San Marino | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.1% | 2.9% | 1.8% | San Marino |
| 2010s | 2.2% | -2.5% | 4.7% | Luxembourg |
| 2020s | -0.5% | -1.8% | 1.3% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Luxembourg or San Marino?
- San Marino, at 1.2% against 0.8% in Luxembourg as of 2023.
- What is the difference in net lending (+) / net borrowing (-) between Luxembourg and San Marino?
- 0.4%, with San Marino ahead.
- How many years of comparable data are there for Luxembourg and San Marino?
- 11 years are reported by both, from 2002 to 2023.
- How do Luxembourg and San Marino rank globally for net lending (+) / net borrowing (-)?
- Luxembourg ranks 29th and San Marino ranks 27th 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.