Indonesia vs Republic of Korea: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Indonesia
- Republic of Korea
How they compare
Indonesia currently reports 90.10 trillion current LCU against 51.22 trillion current LCU in Republic of Korea, a difference of 38.89 trillion current LCU.
That makes Indonesia's figure about 1.8 times Republic of Korea's.
The two have swapped places 11 times across 32 shared years of data; in 1972 it was Republic of Korea ahead.
Indonesia ranks 2nd and Republic of Korea ranks 4th of 136 countries.
Indonesia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Indonesia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 481.25 billion current LCU | 325.25 billion current LCU | 156.00 billion current LCU | Indonesia |
| 1980s | 1.84 trillion current LCU | 817.40 billion current LCU | 1.03 trillion current LCU | Indonesia |
| 1990s | 6.88 trillion current LCU | 4.54 trillion current LCU | 2.34 trillion current LCU | Indonesia |
| 2000s | 29.14 trillion current LCU | 6.35 trillion current LCU | 22.80 trillion current LCU | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Indonesia or Republic of Korea?
- Indonesia, at 90.10 trillion current LCU against 51.22 trillion current LCU in Republic of Korea as of 2009.
- What is the difference in net incurrence of liabilities, total between Indonesia and Republic of Korea?
- 38.89 trillion current LCU, with Indonesia ahead.
- How many years of comparable data are there for Indonesia and Republic of Korea?
- 32 years are reported by both, from 1972 to 2009.
- How do Indonesia and Republic of Korea rank globally for net incurrence of liabilities, total?
- Indonesia ranks 2nd and Republic of Korea ranks 4th of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, 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
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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.