India vs South Korea: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- India
- South Korea
How they compare
India currently reports -13.74 trillion current LCU against -45.65 trillion current LCU in South Korea, a difference of 31.91 trillion current LCU.
The two have swapped places 4 times across 46 shared years of data; in 1974 it was India ahead.
India ranks 152nd and South Korea ranks 153rd of 156 countries.
Across the 6 decades both report, India averaged higher in 1 and South Korea in 5.
Head to head by decade
| Decade | India | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -1.45 billion current LCU | 112.00 billion current LCU | 113.45 billion current LCU | South Korea |
| 1980s | -65.39 billion current LCU | 1.11 trillion current LCU | 1.18 trillion current LCU | South Korea |
| 1990s | -332.21 billion current LCU | 6.78 trillion current LCU | 7.11 trillion current LCU | South Korea |
| 2000s | -1.36 trillion current LCU | 14.22 trillion current LCU | 15.58 trillion current LCU | South Korea |
| 2010s | -3.79 trillion current LCU | 24.44 trillion current LCU | 28.22 trillion current LCU | South Korea |
| 2020s | -13.74 trillion current LCU | -40.62 trillion current LCU | 26.88 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), India or South Korea?
- India, at -13.74 trillion current LCU against -45.65 trillion current LCU in South Korea as of 2022.
- What is the difference in net lending (+) / net borrowing (-) between India and South Korea?
- 31.91 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and South Korea?
- 46 years are reported by both, from 1974 to 2022.
- How do India and South Korea rank globally for net lending (+) / net borrowing (-)?
- India ranks 152nd and South Korea ranks 153rd of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net lending (+) / net borrowing (-) (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.