Net lending (+) / net borrowing (-) in Africa Eastern and Southern
Africa Eastern and Southern: Net lending (+) / net borrowing (-) was -3.6% in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Africa Eastern and Southern, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net lending (+) / net borrowing (-) in Africa Eastern and Southern is -3.6%, measured in 2024.
That represents a change of up 16.4% on the previous year and up 7.9% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Africa Eastern and Southern peaked at 3.9% in 2006 and was at its lowest, -6.7%, in 2020.
Africa Eastern and Southern ranks 12th of 26 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Africa Eastern and Southern, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | -4.3% | — |
| 2001 | 0.5% | -110.5% |
| 2002 | -1.4% | -414.8% |
| 2003 | -3.9% | +176.5% |
| 2004 | 0.4% | -109.5% |
| 2005 | -0.7% | -286.5% |
| 2006 | 3.9% | -657.1% |
| 2007 | 3.0% | -22.9% |
| 2008 | 0.7% | -75.1% |
| 2009 | -4.6% | -725.2% |
| 2010 | -2.6% | -43.4% |
| 2011 | -1.6% | -38.3% |
| 2012 | -1.7% | +6.9% |
| 2013 | -3.0% | +76.0% |
| 2014 | -4.0% | +29.8% |
| 2015 | -4.1% | +2.9% |
| 2016 | -3.6% | -10.6% |
| 2017 | -4.5% | +24.2% |
| 2018 | -3.8% | -16.2% |
| 2019 | -3.7% | -2.2% |
| 2020 | -6.7% | +79.4% |
| 2021 | -3.7% | -44.8% |
| 2022 | -3.6% | -1.8% |
| 2023 | -4.4% | +20.8% |
| 2024 | -3.6% | -16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -4.3% | -4.3% | -4.3% | 1 |
| 2000s | -0.3% | -4.6% | 3.9% | 9 |
| 2010s | -3.3% | -4.5% | -1.6% | 10 |
| 2020s | -4.4% | -6.7% | -3.6% | 5 |
Countries ranked near Africa Eastern and Southern
More public sector data for Africa Eastern and Southern
- Arms imports 166.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.2212 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.66 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 166.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 17.76 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.536 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 13.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 11.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Africa Eastern and Southern?
- Net lending (+) / net borrowing (-) in Africa Eastern and Southern was -3.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Africa Eastern and Southern?
- The highest recorded value was 3.9% in 2006.
- What is the lowest net lending (+) / net borrowing (-) recorded in Africa Eastern and Southern?
- The lowest recorded value was -6.7% in 2020.
- How does Africa Eastern and Southern rank for net lending (+) / net borrowing (-)?
- Africa Eastern and Southern ranks 12th out of 26 groups with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Africa Eastern and Southern?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
- Where does this Africa Eastern and Southern 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 (-) (% of GDP). 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 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.