Colombia vs South Korea: Interest payments
Interest payments over time
- Colombia
- South Korea
How they compare
Colombia currently reports 70.16 trillion current LCU against 35.54 trillion current LCU in South Korea, a difference of 34.63 trillion current LCU.
That makes Colombia's figure about 2.0 times South Korea's.
The two have swapped places 4 times across 21 shared years of data; in 1998 it was Colombia ahead.
Colombia ranks 2nd and South Korea ranks 3rd of 155 countries.
Colombia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.73 trillion current LCU | 4.64 trillion current LCU | 89.20 billion current LCU | Colombia |
| 2000s | 12.70 trillion current LCU | 9.84 trillion current LCU | 2.86 trillion current LCU | Colombia |
| 2010s | 21.79 trillion current LCU | 18.83 trillion current LCU | 2.96 trillion current LCU | Colombia |
| 2020s | 56.40 trillion current LCU | 26.59 trillion current LCU | 29.80 trillion current LCU | Colombia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Colombia or South Korea?
- Colombia, at 70.16 trillion current LCU against 35.54 trillion current LCU in South Korea as of 2024.
- What is the difference in interest payments between Colombia and South Korea?
- 34.63 trillion current LCU, with Colombia ahead.
- How many years of comparable data are there for Colombia and South Korea?
- 21 years are reported by both, from 1998 to 2024.
- How do Colombia and South Korea rank globally for interest payments?
- Colombia ranks 2nd and South Korea ranks 3rd of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.