Net lending (+) / net borrowing (-) in South Asia
South Asia: Net lending (+) / net borrowing (-) was -5.4% in 2022. ◆ Volatile
Net lending (+) / net borrowing (-) in South Asia, 1974–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, net lending (+) / net borrowing (-) in South Asia stood at -5.4%. That is the lowest value across all 46 years on record.
The figure is down 55.0% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in South Asia peaked at 0.2% in 1977 and was at its lowest, -5.4%, in 2022.
South Asia ranks 21st of 24 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in South Asia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1974 | -0.1% | — |
| 1975 | 0.2% | -275.3% |
| 1976 | 0.1% | -14.4% |
| 1977 | 0.2% | +43.6% |
| 1978 | -0.1% | -158.2% |
| 1979 | -0.9% | +744.8% |
| 1980 | -1.0% | +10.6% |
| 1981 | -0.5% | -50.0% |
| 1982 | -0.8% | +56.7% |
| 1983 | -1.3% | +62.5% |
| 1984 | -2.0% | +56.3% |
| 1985 | -2.3% | +13.9% |
| 1986 | -2.9% | +28.2% |
| 1987 | -3.1% | +5.5% |
| 1988 | -3.1% | -0.7% |
| 1989 | -2.7% | -10.3% |
| 1990 | -3.5% | +26.2% |
| 1991 | -2.4% | -30.2% |
| 1992 | -2.4% | -0.2% |
| 1993 | -4.0% | +64.6% |
| 1994 | -2.6% | -35.5% |
| 1995 | -2.4% | -7.1% |
| 1996 | -2.2% | -6.8% |
| 1997 | -2.9% | +31.4% |
| 1998 | -3.4% | +17.8% |
| 1999 | -3.4% | -1.7% |
| 2000 | -4.0% | +17.8% |
| 2001 | -4.2% | +5.9% |
| 2002 | -4.4% | +4.3% |
| 2003 | -3.3% | -25.3% |
| 2004 | -3.2% | -3.2% |
| 2005 | -3.2% | +0.1% |
| 2006 | -2.3% | -26.5% |
| 2007 | -0.7% | -68.5% |
| 2008 | -4.7% | +538.9% |
| 2009 | -5.3% | +13.1% |
| 2010 | -3.3% | -37.1% |
| 2011 | -3.1% | -8.0% |
| 2012 | -3.5% | +13.4% |
| 2013 | -3.7% | +6.5% |
| 2014 | -3.1% | -17.5% |
| 2015 | -2.8% | -9.6% |
| 2016 | -2.4% | -14.1% |
| 2017 | -2.7% | +12.0% |
| 2018 | -2.5% | -5.5% |
| 2022 | -5.4% | +114.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -0.1% | -0.9% | 0.2% | 6 |
| 1980s | -2.0% | -3.1% | -0.5% | 10 |
| 1990s | -2.9% | -4.0% | -2.2% | 10 |
| 2000s | -3.5% | -5.3% | -0.7% | 10 |
| 2010s | -3.0% | -3.7% | -2.4% | 9 |
| 2020s | -5.4% | -5.4% | -5.4% | 1 |
Countries ranked near South Asia
More public sector data for South Asia
- Arms imports 1.26 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.7506 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -19.55 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.26 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 54.8 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0211 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.84 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 91.92 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 467.61 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in South Asia?
- Net lending (+) / net borrowing (-) in South Asia was -5.4% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in South Asia?
- The highest recorded value was 0.2% in 1977.
- What is the lowest net lending (+) / net borrowing (-) recorded in South Asia?
- The lowest recorded value was -5.4% in 2022.
- How does South Asia rank for net lending (+) / net borrowing (-)?
- South Asia ranks 21st out of 24 groups with data for 2022.
- Is net lending (+) / net borrowing (-) rising or falling in South Asia?
- Over the last ten years it is down 55.0%. The long-run trend across the full record is volatile.
- Where does this South Asia 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
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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.