India vs Korea, Republic of: Central government debt, total
Central government debt, total over time
- India
- Korea, Republic of
How they compare
Korea, Republic of currently reports 1,222.54 trillion current LCU against 87.93 trillion current LCU in India, a difference of 1,134.61 trillion current LCU.
That makes Korea, Republic of's figure about 13.9 times India's.
Across all 15 years both countries report, Korea, Republic of has been ahead every year.
India ranks 5th and Korea, Republic of ranks 2nd of 83 countries.
Korea, Republic of has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Korea, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.94 trillion current LCU | 29.90 trillion current LCU | 24.96 trillion current LCU | Korea, Republic of |
| 2010s | 68.64 trillion current LCU | 606.31 trillion current LCU | 537.67 trillion current LCU | Korea, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government debt, total, India or Korea, Republic of?
- Korea, Republic of, at 1,222.54 trillion current LCU against 87.93 trillion current LCU in India as of 2024.
- What is the difference in central government debt, total between India and Korea, Republic of?
- 1,134.61 trillion current LCU, with Korea, Republic of ahead.
- How many years of comparable data are there for India and Korea, Republic of?
- 15 years are reported by both, from 1990 to 2018.
- How do India and Korea, Republic of rank globally for central government debt, total?
- India ranks 5th and Korea, Republic of ranks 2nd of 83 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Central government debt, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.