Iran, Islamic Republic of vs Republic of Korea: Subsidies and other transfers
Subsidies and other transfers over time
- Iran, Islamic Republic of
- Republic of Korea
How they compare
Republic of Korea currently reports 484.57 trillion current LCU against 276.80 trillion current LCU in Iran, Islamic Republic of, a difference of 207.77 trillion current LCU.
That makes Republic of Korea's figure about 1.8 times Iran, Islamic Republic of's.
The two have swapped places 1 time across 11 shared years of data; in 1999 it was Republic of Korea ahead.
Iran, Islamic Republic of ranks 4th and Republic of Korea ranks 2nd of 153 countries.
Across the 2 decades both report, Iran, Islamic Republic of averaged higher in 1 and Republic of Korea in 1.
Head to head by decade
| Decade | Iran, Islamic Republic of | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.82 trillion current LCU | 48.23 trillion current LCU | 29.41 trillion current LCU | Republic of Korea |
| 2000s | 130.55 trillion current LCU | 90.90 trillion current LCU | 39.65 trillion current LCU | Iran, Islamic Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Iran, Islamic Republic of or Republic of Korea?
- Republic of Korea, at 484.57 trillion current LCU against 276.80 trillion current LCU in Iran, Islamic Republic of as of 2024.
- What is the difference in subsidies and other transfers between Iran, Islamic Republic of and Republic of Korea?
- 207.77 trillion current LCU, with Republic of Korea ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Republic of Korea?
- 11 years are reported by both, from 1999 to 2009.
- How do Iran, Islamic Republic of and Republic of Korea rank globally for subsidies and other transfers?
- Iran, Islamic Republic of ranks 4th and Republic of Korea ranks 2nd of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.