Papua New Guinea vs Spain: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Papua New Guinea
- Spain
How they compare
Spain currently reports -3.2% against -3.3% in Papua New Guinea, a difference of 0.1%.
The two have swapped places 9 times across 24 shared years of data; in 1990 it was Papua New Guinea ahead.
Papua New Guinea ranks 97th and Spain ranks 94th of 156 countries.
Spain has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Papua New Guinea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -2.2% | -0.7% | 1.5% | Spain |
| 2000s | -1.8% | 5.3% | 7.1% | Spain |
| 2010s | -4.4% | -3.5% | 0.9% | Spain |
| 2020s | -5.7% | -5.0% | 0.7% | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Papua New Guinea or Spain?
- Spain, at -3.2% against -3.3% in Papua New Guinea as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Papua New Guinea and Spain?
- 0.1%, with Spain ahead.
- How many years of comparable data are there for Papua New Guinea and Spain?
- 24 years are reported by both, from 1990 to 2024.
- How do Papua New Guinea and Spain rank globally for net lending (+) / net borrowing (-)?
- Papua New Guinea ranks 97th and Spain ranks 94th 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.