Iran, Islamic Republic of vs Republic of Korea: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Iran, Islamic Republic of
- Republic of Korea
How they compare
Iran, Islamic Republic of currently reports 217.17 trillion current LCU against 33.54 trillion current LCU in Republic of Korea, a difference of 183.63 trillion current LCU.
That makes Iran, Islamic Republic of's figure about 6.5 times Republic of Korea's.
The two have swapped places 6 times across 38 shared years of data; in 1972 it was Iran, Islamic Republic of ahead.
Iran, Islamic Republic of ranks 1st and Republic of Korea ranks 3rd of 156 countries.
Across the 4 decades both report, Iran, Islamic Republic of averaged higher in 3 and Republic of Korea in 1.
Head to head by decade
| Decade | Iran, Islamic Republic of | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 431.27 billion current LCU | 189.50 billion current LCU | 241.78 billion current LCU | Iran, Islamic Republic of |
| 1980s | 749.14 billion current LCU | 1.03 trillion current LCU | 277.26 billion current LCU | Republic of Korea |
| 1990s | 11.71 trillion current LCU | 4.89 trillion current LCU | 6.82 trillion current LCU | Iran, Islamic Republic of |
| 2000s | 116.30 trillion current LCU | 12.06 trillion current LCU | 104.24 trillion current LCU | Iran, Islamic Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Iran, Islamic Republic of or Republic of Korea?
- Iran, Islamic Republic of, at 217.17 trillion current LCU against 33.54 trillion current LCU in Republic of Korea as of 2009.
- What is the difference in net investment in nonfinancial assets between Iran, Islamic Republic of and Republic of Korea?
- 183.63 trillion current LCU, with Iran, Islamic Republic of ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Republic of Korea?
- 38 years are reported by both, from 1972 to 2009.
- How do Iran, Islamic Republic of and Republic of Korea rank globally for net investment in nonfinancial assets?
- Iran, Islamic Republic of ranks 1st and Republic of Korea ranks 3rd of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial 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 investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.