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Kiribati - Net lending

Net lending (+) / net borrowing (-) (current LCU)

The value for Net lending (+) / net borrowing (-) (current LCU) in Kiribati was 53,032,720 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 135,703,000 in 2018 and a minimum value of -12,576,250 in 2011.

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.

Year	Value
2011	-12,576,250
2012	6,475,655
2013	39,244,860
2014	89,148,850
2015	127,290,600
2016	51,566,330
2017	41,392,760
2018	135,703,000
2019	53,032,720

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

Net lending (+) / net borrowing (-) (% of GDP) in Kiribati was 19.57 as of 2019. Its highest value over the past 8 years was 55.88 in 2015, while its lowest value was -7.14 in 2011.

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

Year	Value
2011	-7.14
2012	3.52
2013	20.47
2014	44.72
2015	55.88
2016	21.50
2017	16.94
2018	50.66
2019	19.57

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance