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General government primary net lending/borrowing in % of GDP

(%)

Micronesia (Federated States of) is the top country by general government primary net lending/borrowing (% of GDP) in the world. As of 2018, general government primary net lending/borrowing (% of GDP) in Micronesia (Federated States of) was 24 %. The top 5 countries also includes Saint Kitts and Nevis, Iraq, Congo, and Jamaica.

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What is general government primary net lending/borrowing (% of GDP)?

Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).