Net lending (+) / net borrowing (-) in Other small states
Other small states: Net lending (+) / net borrowing (-) was -1.8% in 2023. ◆ Volatile
Net lending (+) / net borrowing (-) in Other small states, 1991–2023
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 Other small states is -1.8%, measured in 2023.
The figure is down 24.6% on the previous year and down 171.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Other small states peaked at 3.0% in 2011 and was at its lowest, -7.2%, in 2020.
Other small states ranks 2nd of 24 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Other small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | -2.0% | — |
| 1995 | -1.1% | -43.6% |
| 1996 | -2.4% | +107.9% |
| 1997 | -1.9% | -22.1% |
| 1998 | -2.3% | +22.3% |
| 1999 | -2.6% | +13.7% |
| 2000 | -1.2% | -52.4% |
| 2001 | -1.9% | +57.2% |
| 2002 | -2.4% | +22.2% |
| 2003 | -3.0% | +26.9% |
| 2004 | -0.9% | -71.0% |
| 2005 | -0.3% | -67.6% |
| 2006 | 1.0% | -462.3% |
| 2007 | 1.7% | +69.5% |
| 2008 | -2.9% | -267.8% |
| 2009 | -4.3% | +48.0% |
| 2010 | 1.1% | -125.2% |
| 2011 | 3.0% | +174.4% |
| 2012 | 2.1% | -29.9% |
| 2013 | 2.5% | +20.8% |
| 2014 | -0.4% | -114.1% |
| 2015 | -0.6% | +67.4% |
| 2016 | -0.2% | -70.4% |
| 2017 | 0.1% | -155.7% |
| 2018 | -1.5% | -1644.9% |
| 2019 | -0.4% | -72.8% |
| 2020 | -7.2% | +1657.8% |
| 2021 | -5.3% | -26.9% |
| 2022 | -1.4% | -72.9% |
| 2023 | -1.8% | +24.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.0% | -2.6% | -1.1% | 6 |
| 2000s | -1.4% | -4.3% | 1.7% | 10 |
| 2010s | 0.6% | -1.5% | 3.0% | 10 |
| 2020s | -3.9% | -7.2% | -1.4% | 4 |
Countries ranked near Other small states
- 1 Nauru 15.1% compare
- 2 Norway 13.6% compare
- 3 Equatorial Guinea 11.5% compare
- 4 Lesotho 7.2% compare
- 5 Seychelles 7.2% compare
More public sector data for Other small states
- Arms imports 104.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 8.29 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0006 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -84.9 % change on previous year (2012)
- Arms imports (SIPRI trend indicator values), gaps filled 104.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 235.91 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0146 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.53 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.05 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 378.3 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Other small states?
- Net lending (+) / net borrowing (-) in Other small states was -1.8% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Other small states?
- The highest recorded value was 3.0% in 2011.
- What is the lowest net lending (+) / net borrowing (-) recorded in Other small states?
- The lowest recorded value was -7.2% in 2020.
- How does Other small states rank for net lending (+) / net borrowing (-)?
- Other small states ranks 2nd out of 24 groups with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Other small states?
- Over the last ten years it is down 171.1%. The long-run trend across the full record is volatile.
- Where does this Other small states 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.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.