Net lending (+) / net borrowing (-) in Small states
Small states: Net lending (+) / net borrowing (-) was -2.2% in 2019. ◆ Volatile
Net lending (+) / net borrowing (-) in Small states, 2001–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2019, net lending (+) / net borrowing (-) in Small states stood at -2.2%.
The figure is down 27.6% on the previous year and up 46.6% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Small states peaked at 1.0% in 2011 and was at its lowest, -4.1%, in 2009.
That places Small states 4th out of 26 groups with data for 2019, putting it in the top quarter.
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 | -1.0% | -4.1% | 0.9% | 9 |
| 2010s | -0.6% | -2.2% | 1.0% | 10 |
Countries ranked near 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
- 6 Macao 7.0% compare
- 7 Micronesia (country) 6.9% compare
More public sector data for Small states
- Arms imports 162.00 million SIPRI trend indicator values (2021)
- Tax revenue 20.5% (2019)
- Taxes on income, profits and capital gains 24.1% (2022)
- Taxes on goods and services 33.4% (2022)
- Net investment in nonfinancial assets 3.0% (2019)
- Interest payments 1.8% (2022)
- Grants and other revenue 12.8% (2022)
- Interest payments 1.9% (2022)
- Other taxes 1.8% (2021)
- Compensation of employees 21.9% (2022)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Small states?
- Net lending (+) / net borrowing (-) in Small states was -2.2% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Small states?
- The highest recorded value was 1.0% in 2011.
- What is the lowest net lending (+) / net borrowing (-) recorded in Small states?
- The lowest recorded value was -4.1% in 2009.
- How does Small states rank for net lending (+) / net borrowing (-)?
- Small states ranks 4th out of 26 groups with data for 2019.
- Is net lending (+) / net borrowing (-) rising or falling in Small states?
- Over the last ten years it is up 46.6%. The long-run trend across the full record is volatile.
- Where does this 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.