In 2017, general government net lending/borrowing for Gambia was -4 billion LCU. Between 2007 and 2017, general government net lending/borrowing in Gambia was decreasing on average by 16.52 % each year, although before that, it grew from -1 billion LCU in 2005 to 0 billion LCU in 2007.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.