India vs South Korea: Interest payments

India
8.33 trillion current LCU
in 2022
South Korea
35.54 trillion current LCU
in 2024
India rank
6th
South Korea rank
3rd

Interest payments over time

  • India
  • South Korea
010.0T20.0T30.0T40.0T197219982024

How they compare

South Korea currently reports 35.54 trillion current LCU against 8.33 trillion current LCU in India, a difference of 27.21 trillion current LCU.

That makes South Korea's figure about 4.3 times India's.

Across all 46 years both countries report, South Korea has been ahead every year.

Globally, India ranks 6th and South Korea ranks 3rd of 155 countries.

Individual pages

About this data

Indicator
Interest payments (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,505 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.