Net lending (+) / net borrowing (-) (% of GDP) - Country Ranking - Africa

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Namibia 7.27 2019
2 Congo 5.36 2018
3 Seychelles 3.25 2018
4 Gabon 2.90 2019
5 Mozambique 2.19 2019
6 The Gambia 2.10 1990
7 Equatorial Guinea 1.93 2019
8 Togo 1.75 2019
9 Angola 1.44 2019
10 Central African Republic 0.35 2018
11 Somalia 0.00 2019
12 Dem. Rep. Congo -0.03 1989
13 Tanzania -0.29 2018
14 Madagascar -1.05 2019
15 Mali -1.57 2019
16 Sudan -1.74 2016
17 Cameroon -2.13 2018
18 Mauritius -2.17 2019
19 Côte d'Ivoire -2.69 2019
20 Ethiopia -2.75 2019
21 Guinea -2.86 1992
22 Burkina Faso -2.90 2019
23 Uganda -3.45 2019
24 Senegal -3.80 2018
25 Guinea-Bissau -3.88 2019
26 Morocco -3.94 2019
27 Niger -4.02 1980
28 Kenya -4.05 2019
29 Botswana -4.25 2019
30 Ghana -4.26 2019
31 Rwanda -4.28 2019
32 Tunisia -4.82 2012
33 Lesotho -5.06 2019
34 South Africa -5.25 2019
35 Malawi -6.11 2020
36 Zimbabwe -6.83 2018
37 Zambia -7.87 2019
38 Burundi -8.69 1996
39 Egypt -10.73 2015

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Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual