Net acquisition of financial assets in Republic of Korea
Republic of Korea: Net acquisition of financial assets was 5.57 trillion current LCU in 2024. ◆ Volatile
Net acquisition of financial assets in Republic of Korea, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net acquisition of financial assets in Republic of Korea stood at 5.57 trillion current LCU.
That represents a change of down 85.2% on the previous year and down 90.7% over ten years.
Over the whole period, net acquisition of financial assets in Republic of Korea peaked at 99.76 trillion current LCU in 2021 and was at its lowest, -21.78 trillion current LCU, in 2003.
That places Republic of Korea 7th out of 134 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Republic of Korea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 3.69 trillion current LCU | — |
| 1991 | 2.56 trillion current LCU | -30.6% |
| 1992 | 3.46 trillion current LCU | +34.9% |
| 1993 | 5.25 trillion current LCU | +51.9% |
| 1994 | 8.22 trillion current LCU | +56.6% |
| 1995 | 8.13 trillion current LCU | -1.1% |
| 1996 | 11.37 trillion current LCU | +39.8% |
| 1997 | 18.65 trillion current LCU | +64.0% |
| 1998 | 23.52 trillion current LCU | +26.1% |
| 1999 | 22.11 trillion current LCU | -6.0% |
| 2000 | 20.47 trillion current LCU | -7.4% |
| 2001 | 3.00 trillion current LCU | -85.3% |
| 2002 | -1.03 trillion current LCU | -134.3% |
| 2003 | -21.78 trillion current LCU | +2012.1% |
| 2004 | 1.06 trillion current LCU | -104.8% |
| 2005 | 3.16 trillion current LCU | +199.2% |
| 2006 | 4.26 trillion current LCU | +34.8% |
| 2007 | -1.52 trillion current LCU | -135.7% |
| 2008 | 58.33 trillion current LCU | -3941.4% |
| 2009 | 57.36 trillion current LCU | -1.7% |
| 2010 | 35.45 trillion current LCU | -38.2% |
| 2011 | 37.55 trillion current LCU | +5.9% |
| 2012 | 52.25 trillion current LCU | +39.2% |
| 2013 | 74.41 trillion current LCU | +42.4% |
| 2014 | 59.96 trillion current LCU | -19.4% |
| 2015 | 60.30 trillion current LCU | +0.6% |
| 2016 | 69.18 trillion current LCU | +14.7% |
| 2017 | 59.75 trillion current LCU | -13.6% |
| 2018 | 66.00 trillion current LCU | +10.5% |
| 2019 | 55.28 trillion current LCU | -16.2% |
| 2020 | 89.76 trillion current LCU | +62.4% |
| 2021 | 99.76 trillion current LCU | +11.1% |
| 2022 | 45.53 trillion current LCU | -54.4% |
| 2023 | 37.73 trillion current LCU | -17.1% |
| 2024 | 5.57 trillion current LCU | -85.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.70 trillion current LCU | 2.56 trillion current LCU | 23.52 trillion current LCU | 10 |
| 2000s | 12.33 trillion current LCU | -21.78 trillion current LCU | 58.33 trillion current LCU | 10 |
| 2010s | 57.01 trillion current LCU | 35.45 trillion current LCU | 74.41 trillion current LCU | 10 |
| 2020s | 55.67 trillion current LCU | 5.57 trillion current LCU | 99.76 trillion current LCU | 5 |
Countries ranked near Republic of Korea
- 4 Colombia 18.85 trillion current LCU compare
- 5 Iraq 6.95 trillion current LCU compare
- 6 Russian Federation 5.75 trillion current LCU compare
- 8 India 3.89 trillion current LCU compare
- 9 Tanzania, United Republic of 3.28 trillion current LCU compare
- 10 Uzbekistan 1.98 trillion current LCU compare
More public sector data for Republic of Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 362.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Republic of Korea?
- Net acquisition of financial assets in Republic of Korea was 5.57 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Republic of Korea?
- The highest recorded value was 99.76 trillion current LCU in 2021.
- What is the lowest net acquisition of financial assets recorded in Republic of Korea?
- The lowest recorded value was -21.78 trillion current LCU in 2003.
- How does Republic of Korea rank for net acquisition of financial assets?
- Republic of Korea ranks 7th out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Republic of Korea?
- Over the last ten years it is down 90.7%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.