India vs South Korea: Net lending (+) / net borrowing (-)
Net lending (+) / net borrowing (-) over time
- India
- South Korea
How they compare
India currently reports -13.74 trillion current LCU against -45.65 trillion current LCU in South Korea, a difference of 31.91 trillion current LCU.
The two have swapped places 4 times across 46 shared years of data; in 1974 it was India ahead.
Globally, India ranks 152nd and South Korea ranks 153rd of 156 countries.
Individual pages
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.