Iraq vs South Korea: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Iraq
- South Korea
How they compare
South Korea currently reports 33.54 trillion current LCU against 24.84 trillion current LCU in Iraq, a difference of 8.70 trillion current LCU.
That makes South Korea's figure about 1.4 times Iraq's.
The two have swapped places 1 time across 6 shared years of data; in 2014 it was Iraq ahead.
Iraq ranks 4th and South Korea ranks 3rd of 156 countries.
South Korea has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Iraq or South Korea?
- South Korea, at 33.54 trillion current LCU against 24.84 trillion current LCU in Iraq as of 2024.
- What is the difference in net investment in nonfinancial assets between Iraq and South Korea?
- 8.70 trillion current LCU, with South Korea 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 investment in nonfinancial assets?
- Iraq ranks 4th and South 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.