Republic of Korea vs Solomon Islands: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Republic of Korea
- Solomon Islands
How they compare
Republic of Korea currently reports -1.8% against -1.9% in Solomon Islands, a difference of 0.1%.
The two have swapped places 1 time across 14 shared years of data; in 2011 it was Solomon Islands ahead.
Republic of Korea ranks 68th and Solomon Islands ranks 71st of 156 countries.
Republic of Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Republic of Korea | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.3% | 1.3% | 0.0% | Republic of Korea |
| 2020s | -1.4% | -3.1% | 1.7% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net lending (+) / net borrowing (-), Republic of Korea or Solomon Islands?
- Republic of Korea, at -1.8% against -1.9% in Solomon Islands as of 2024.
- What is the difference in net lending (+) / net borrowing (-) between Republic of Korea and Solomon Islands?
- 0.1%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Solomon Islands?
- 14 years are reported by both, from 2011 to 2024.
- How do Republic of Korea and Solomon Islands rank globally for net lending (+) / net borrowing (-)?
- Republic of Korea ranks 68th and Solomon Islands ranks 71st 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 (-) (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.