Serbia vs Turkey: Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) over time
- Serbia
- Turkey
How they compare
Serbia currently reports -3.1% against -3.2% in Turkey, a difference of 0.1%.
The two have swapped places 3 times across 15 shared years of data; in 2008 it was Serbia ahead.
Serbia ranks 91st and Turkey ranks 93rd of 156 countries.
Across the 3 decades both report, Serbia averaged higher in 1 and Turkey in 2.
Head to head by decade
| Decade | Serbia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -2.0% | -3.4% | 1.5% | Serbia |
| 2010s | -2.3% | -1.2% | 1.1% | Turkey |
| 2020s | -6.0% | -2.9% | 3.1% | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Serbia or Turkey?
- Serbia, at -3.1% against -3.2% in Turkey as of 2022.
- What is the difference in net lending (+) / net borrowing (-) between Serbia and Turkey?
- 0.1%, with Serbia ahead.
- How many years of comparable data are there for Serbia and Turkey?
- 15 years are reported by both, from 2008 to 2022.
- How do Serbia and Turkey rank globally for net lending (+) / net borrowing (-)?
- Serbia ranks 91st and Turkey ranks 93rd 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.