Iraq vs South Korea: Net acquisition of financial assets (current LCU)
Net acquisition of financial assets (current LCU) over time
- Iraq
- South Korea
How they compare
Iraq currently reports 6.95 trillion current LCU against 5.57 trillion current LCU in South Korea, a difference of 1.38 trillion current LCU.
That makes Iraq's figure about 1.2 times South Korea's.
Across all 6 years both countries report, South Korea has been ahead every year.
Iraq ranks 5th and South Korea ranks 7th of 134 countries.
South Korea has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher net acquisition of financial assets, Iraq or South Korea?
- Iraq, at 6.95 trillion current LCU against 5.57 trillion current LCU in South Korea as of 2019.
- What is the difference in net acquisition of financial assets between Iraq and South Korea?
- 1.38 trillion current LCU, with Iraq ahead.
- How many years of comparable data are there for Iraq and South Korea?
- 6 years are reported by both, from 2014 to 2019.
- How do Iraq and South Korea rank globally for net acquisition of financial assets?
- Iraq ranks 5th and South Korea ranks 7th of 134 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.