Colombia vs South Korea: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- Colombia
- South Korea
How they compare
South Korea currently reports -45.65 trillion current LCU against -79.43 trillion current LCU in Colombia, a difference of 33.78 trillion current LCU.
The two have swapped places 2 times across 21 shared years of data; in 1998 it was South Korea ahead.
Globally, Colombia ranks 155th and South Korea ranks 153rd of 156 countries.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.