Iraq vs South Korea: Net foreign assets
Net foreign assets over time
- Iraq
- South Korea
How they compare
South Korea currently reports 627.85 trillion current LCU against 167.41 trillion current LCU in Iraq, a difference of 460.44 trillion current LCU.
That makes South Korea's figure about 3.8 times Iraq's.
The two have swapped places 2 times across 38 shared years of data; in 1960 it was South Korea ahead.
Iraq ranks 7th and South Korea ranks 4th of 186 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iraq | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 112.19 million current LCU | 38.05 billion current LCU | 37.94 billion current LCU | South Korea |
| 1970s | 621.41 million current LCU | 165.13 billion current LCU | 164.51 billion current LCU | South Korea |
| 2000s | 28.20 trillion current LCU | 187.59 trillion current LCU | 159.39 trillion current LCU | South Korea |
| 2010s | 84.38 trillion current LCU | 325.00 trillion current LCU | 240.62 trillion current LCU | South Korea |
| 2020s | 151.29 trillion current LCU | 512.38 trillion current LCU | 361.09 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, Iraq or South Korea?
- South Korea, at 627.85 trillion current LCU against 167.41 trillion current LCU in Iraq as of 2024.
- What is the difference in net foreign assets between Iraq and South Korea?
- 460.44 trillion current LCU, with South Korea ahead.
- How many years of comparable data are there for Iraq and South Korea?
- 38 years are reported by both, from 1960 to 2024.
- How do Iraq and South Korea rank globally for net foreign assets?
- Iraq ranks 7th and South Korea ranks 4th of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. 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.