Iran vs South Korea: Net domestic credit (current LCU)
Net domestic credit (current LCU) over time
- Iran
- South Korea
How they compare
Iran currently reports 10,211.70 trillion current LCU against 5,011.74 trillion current LCU in South Korea, a difference of 5,199.96 trillion current LCU.
That makes Iran's figure about 2.0 times South Korea's.
The two have swapped places 4 times across 54 shared years of data; in 1960 it was Iran ahead.
Iran ranks 3rd and South Korea ranks 4th of 187 countries.
Across the 6 decades both report, Iran averaged higher in 1 and South Korea in 5.
Head to head by decade
| Decade | Iran | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 119.99 billion current LCU | 171.62 billion current LCU | 51.63 billion current LCU | South Korea |
| 1970s | 975.89 billion current LCU | 3.89 trillion current LCU | 2.92 trillion current LCU | South Korea |
| 1980s | 10.44 trillion current LCU | 42.98 trillion current LCU | 32.55 trillion current LCU | South Korea |
| 1990s | 81.80 trillion current LCU | 210.91 trillion current LCU | 129.10 trillion current LCU | South Korea |
| 2000s | 933.09 trillion current LCU | 1,201.49 trillion current LCU | 268.39 trillion current LCU | South Korea |
| 2010s | 5,772.80 trillion current LCU | 2,302.68 trillion current LCU | 3,470.13 trillion current LCU | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net domestic credit, Iran or South Korea?
- Iran, at 10,211.70 trillion current LCU against 5,011.74 trillion current LCU in South Korea as of 2016.
- What is the difference in net domestic credit between Iran and South Korea?
- 5,199.96 trillion current LCU, with Iran ahead.
- How many years of comparable data are there for Iran and South Korea?
- 54 years are reported by both, from 1960 to 2016.
- How do Iran and South Korea rank globally for net domestic credit?
- Iran ranks 3rd and South Korea ranks 4th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net domestic credit (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. 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.