Net lending (+) / net borrowing (-) in Pacific island small states
Pacific island small states: Net lending (+) / net borrowing (-) was -1.8% in 2023. ◆ Volatile
Net lending (+) / net borrowing (-) in Pacific island small states, 2011–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, net lending (+) / net borrowing (-) in Pacific island small states stood at -1.8%.
Compared with earlier readings it is up 68.0% on the previous year and down 585.3% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Pacific island small states peaked at 2.9% in 2015 and was at its lowest, -7.7%, in 2021.
That places Pacific island small states 3rd out of 24 groups with data for 2023, putting it 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 Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | -0.3% | — |
| 2012 | -1.0% | +196.9% |
| 2013 | 0.4% | -135.6% |
| 2014 | 2.0% | +453.4% |
| 2015 | 2.9% | +40.6% |
| 2016 | 1.3% | -54.8% |
| 2017 | 1.0% | -26.4% |
| 2018 | 2.3% | +143.0% |
| 2019 | 0.9% | -60.8% |
| 2020 | -4.0% | -544.6% |
| 2021 | -7.7% | +90.0% |
| 2022 | -5.6% | -27.1% |
| 2023 | -1.8% | -68.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.0% | -1.0% | 2.9% | 9 |
| 2020s | -4.8% | -7.7% | -1.8% | 4 |
Countries ranked near Pacific island small states
More public sector data for Pacific island small states
- Tax revenue 20.9% (2023)
- Net investment in nonfinancial assets 4.0% (2023)
- Net incurrence of liabilities, total 3.0% (2023)
- Proportion of seats held by women in national parliaments 8.8% (2025)
- Internally displaced persons, new displacement associated with 76,359 number of cases (2023)
- Net acquisition of financial assets 0.5% (2023)
- CPIA business regulatory environment rating 2.78 1=low to 6=high (2025)
- CPIA debt policy rating 3.06 1=low to 6=high (2025)
- CPIA economic management cluster average 3.13 1=low to 6=high (2025)
- CPIA policy and institutions for environmental sustainability rating 3.17 1=low to 6=high (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Pacific island small states?
- Net lending (+) / net borrowing (-) in Pacific island 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 Pacific island small states?
- The highest recorded value was 2.9% in 2015.
- What is the lowest net lending (+) / net borrowing (-) recorded in Pacific island small states?
- The lowest recorded value was -7.7% in 2021.
- How does Pacific island small states rank for net lending (+) / net borrowing (-)?
- Pacific island small states ranks 3rd out of 24 groups with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Pacific island small states?
- Over the last ten years it is down 585.3%. The long-run trend across the full record is volatile.
- Where does this Pacific island 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.
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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.