Iceland vs Korea: Annual growth of the general government final consumption expenditure

Iceland
2.2%
in 2023
Korea
2.1%
in 2024
Iceland rank
84th
Korea rank
86th

Annual growth of the general government final consumption expenditure over time

  • Iceland
  • Korea
-2.502.557.5200020122024

How they compare

Iceland currently reports 2.2% against 2.1% in Korea, a difference of 0.1%.

The two have swapped places 4 times across 24 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 84th and Korea ranks 86th of 181 countries.

Korea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Iceland Korea Difference Ahead
2000s 3.7% 5.3% 1.6% Korea
2010s 0.8% 4.6% 3.8% Korea
2020s 3.0% 4.2% 1.2% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual growth of the general government final consumption expenditure, Iceland or Korea?
Iceland, at 2.2% against 2.1% in Korea as of 2023.
What is the difference in annual growth of the general government final consumption expenditure between Iceland and Korea?
0.1%, with Iceland ahead.
How many years of comparable data are there for Iceland and Korea?
24 years are reported by both, from 2000 to 2023.
How do Iceland and Korea rank globally for annual growth of the general government final consumption expenditure?
Iceland ranks 84th and Korea ranks 86th of 181 countries.
Where does this data come from?
United Nations Statistics Division, SDG Global Database, published as Annual growth of the general government final consumption expenditure (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Korea: Annual growth of the general government final consumption expenditure. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/annual-growth-of-the-general-government-final-consumption-expenditure-percent/iceland/korea-rep/

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About this data

Indicator
Annual growth of the general government final consumption expenditure (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
213 places, 4,776 data points, 2000–2024
Last refreshed