Micronesia, Federated States of vs Tonga: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Micronesia, Federated States of
- Tonga
How they compare
Micronesia, Federated States of currently reports 6.9% against 5.3% in Tonga, a difference of 1.6%.
That makes Micronesia, Federated States of's figure about 1.3 times Tonga's.
Across all 8 years both countries report, Micronesia, Federated States of has been ahead every year.
Micronesia, Federated States of ranks 7th and Tonga ranks 8th of 156 countries.
Micronesia, Federated States of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 13.2% | 2.0% | 11.3% | Micronesia, Federated States of |
| 2020s | 6.9% | 5.2% | 1.7% | Micronesia, Federated States of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Micronesia, Federated States of or Tonga?
- Micronesia, Federated States of, at 6.9% against 5.3% in Tonga as of 2020.
- What is the difference in net lending (+) / net borrowing (-) between Micronesia, Federated States of and Tonga?
- 1.6%, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Tonga?
- 8 years are reported by both, from 2013 to 2020.
- How do Micronesia, Federated States of and Tonga rank globally for net lending (+) / net borrowing (-)?
- Micronesia, Federated States of ranks 7th 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.