Net lending (+) / net borrowing (-) in Least developed countries
Least developed countries: Net lending (+) / net borrowing (-) was -2.5% in 2021. ◆ Volatile
Net lending (+) / net borrowing (-) in Least developed countries, 2009–2021
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 Least developed countries is -2.5%, measured in 2021.
Compared with earlier readings it is up 37.1% on the previous year and down 864.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Least developed countries peaked at 1.3% in 2012 and was at its lowest, -3.9%, in 2020.
That places Least developed countries 7th out of 24 groups with data for 2021, putting it 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 Least developed countries, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2009 | -3.3% | — |
| 2010 | -0.3% | -92.1% |
| 2012 | 1.3% | -588.0% |
| 2013 | -0.8% | -164.7% |
| 2014 | -2.4% | +201.8% |
| 2015 | -2.6% | +4.8% |
| 2016 | -2.6% | -0.4% |
| 2017 | -3.4% | +33.0% |
| 2018 | -2.1% | -38.6% |
| 2019 | -2.6% | +22.8% |
| 2020 | -3.9% | +53.7% |
| 2021 | -2.5% | -37.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.3% | -3.3% | -3.3% | 1 |
| 2010s | -1.7% | -3.4% | 1.3% | 9 |
| 2020s | -3.2% | -3.9% | -2.5% | 2 |
Countries ranked near Least developed countries
- 4 Lesotho 7.2% compare
- 5 Seychelles 7.2%
- 6 Macau, China 7.0% compare
- 7 Micronesia, Federated States of 6.9% compare
- 8 Tonga 5.3% compare
- 9 Marshall Islands 5.0% compare
- 10 Ireland 4.4% compare
More public sector data for Least developed countries
- Arms imports 748.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.645 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -26.74 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 748.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 19.79 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0152 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 19.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 23.48 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 36.74 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Least developed countries?
- Net lending (+) / net borrowing (-) in Least developed countries was -2.5% 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 Least developed countries?
- The highest recorded value was 1.3% in 2012.
- What is the lowest net lending (+) / net borrowing (-) recorded in Least developed countries?
- The lowest recorded value was -3.9% in 2020.
- How does Least developed countries rank for net lending (+) / net borrowing (-)?
- Least developed countries ranks 7th out of 24 groups with data for 2021.
- Is net lending (+) / net borrowing (-) rising or falling in Least developed countries?
- Over the last ten years it is down 864.7%. The long-run trend across the full record is volatile.
- Where does this Least developed countries 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.