Net lending (+) / net borrowing (-) in Congo
Congo: Net lending (+) / net borrowing (-) was 107.42 billion current LCU in 2021. ◆ Volatile
Net lending (+) / net borrowing (-) in Congo, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Congo is 107.42 billion current LCU, measured in 2021.
Compared with earlier readings it is up 128.6% on the previous year and down 90.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Congo peaked at 2.37 trillion current LCU in 2010 and was at its lowest, -639.26 billion current LCU, in 2015.
Congo ranks 12th of 156 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 360.54 billion current LCU | -113.00 billion current LCU | 1.45 trillion current LCU | 9 |
| 2010s | 370.09 billion current LCU | -639.26 billion current LCU | 2.37 trillion current LCU | 10 |
| 2020s | -133.99 billion current LCU | -375.40 billion current LCU | 107.42 billion current LCU | 2 |
Countries ranked near Congo
More public sector data for Congo
- Arms imports 3.00 million SIPRI trend indicator values (2021)
- Tax revenue 6.5% (2021)
- Taxes on income, profits and capital gains 8.6% (2021)
- Taxes on goods and services 13.8% (2021)
- Net investment in nonfinancial assets 3.1% (2021)
- Net lending (+) / net borrowing (-) 1.3% (2021)
- Interest payments 9.0% (2021)
- Grants and other revenue 68.3% (2021)
- Interest payments 11.5% (2021)
- Other taxes 2.7% (2021)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Congo?
- Net lending (+) / net borrowing (-) in Congo was 107.42 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Congo?
- The highest recorded value was 2.37 trillion current LCU in 2010.
- What is the lowest net lending (+) / net borrowing (-) recorded in Congo?
- The lowest recorded value was -639.26 billion current LCU in 2015.
- How does Congo rank for net lending (+) / net borrowing (-)?
- Congo ranks 12th out of 156 countries with data for 2021.
- Is net lending (+) / net borrowing (-) rising or falling in Congo?
- Over the last ten years it is down 90.9%. The long-run trend across the full record is volatile.
- Where does this Congo data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.