Net acquisition of financial assets in Republic of Korea
Republic of Korea: Net acquisition of financial assets was 0.2% 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 % of GDP.
Analysis
In 2024, net acquisition of financial assets in Republic of Korea stood at 0.2%.
The figure is down 86.1% on the previous year and down 94.0% over ten years.
Over the whole period, net acquisition of financial assets in Republic of Korea peaked at 4.8% in 2008 and was at its lowest, -2.5%, in 2003.
Republic of Korea ranks 88th of 134 countries on this measure, in the middle of the range.
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 | % of GDP | Change |
|---|---|---|
| 1990 | 1.8% | — |
| 1991 | 1.0% | -42.6% |
| 1992 | 1.2% | +17.7% |
| 1993 | 1.6% | +33.6% |
| 1994 | 2.1% | +32.5% |
| 1995 | 1.8% | -15.8% |
| 1996 | 2.2% | +24.5% |
| 1997 | 3.3% | +48.6% |
| 1998 | 4.2% | +27.0% |
| 1999 | 3.6% | -14.6% |
| 2000 | 3.0% | -16.0% |
| 2001 | 0.4% | -86.5% |
| 2002 | -0.1% | -130.9% |
| 2003 | -2.5% | +1878.6% |
| 2004 | 0.1% | -104.5% |
| 2005 | 0.3% | +183.5% |
| 2006 | 0.4% | +28.2% |
| 2007 | -0.1% | -132.9% |
| 2008 | 4.8% | -3722.8% |
| 2009 | 4.6% | -5.8% |
| 2010 | 2.6% | -43.8% |
| 2011 | 2.6% | +0.9% |
| 2012 | 3.5% | +34.0% |
| 2013 | 4.7% | +36.4% |
| 2014 | 3.7% | -22.7% |
| 2015 | 3.5% | -5.3% |
| 2016 | 3.8% | +9.0% |
| 2017 | 3.1% | -18.2% |
| 2018 | 3.3% | +6.4% |
| 2019 | 2.7% | -17.6% |
| 2020 | 4.4% | +61.0% |
| 2021 | 4.5% | +3.0% |
| 2022 | 2.0% | -56.4% |
| 2023 | 1.6% | -20.0% |
| 2024 | 0.2% | -86.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 1.0% | 4.2% | 10 |
| 2000s | 1.1% | -2.5% | 4.8% | 10 |
| 2010s | 3.3% | 2.6% | 4.7% | 10 |
| 2020s | 2.5% | 0.2% | 4.5% | 5 |
Countries ranked near Republic of Korea
- 85 Armenia 0.3% compare
- 86 Ethiopia 0.3% compare
- 87 United States of America 0.3% compare
- 89 Uzbekistan 0.2% compare
- 90 Somalia 0.1% compare
- 91 Tajikistan 0.1% 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 0.2% 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 4.8% in 2008.
- What is the lowest net acquisition of financial assets recorded in Republic of Korea?
- The lowest recorded value was -2.5% in 2003.
- How does Republic of Korea rank for net acquisition of financial assets?
- Republic of Korea ranks 88th 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 94.0%. 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 (% of GDP). 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 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.