Korea vs United States of America: Economic Outlook No 115 — General government consumption of fixed
Economic Outlook No 115 — General government consumption of fixed over time
- Korea
- United States of America
How they compare
Korea currently reports 72.95 trillion against 851.89 billion in United States of America, a difference of 72.10 trillion.
That makes Korea's figure about 85.6 times United States of America's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was United States of America ahead.
Korea ranks 1st and United States of America ranks 4th of 3 groups.
Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Korea | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 135.00 billion | 57.47 billion | 77.53 billion | Korea |
| 1980s | 1.37 trillion | 140.08 billion | 1.23 trillion | Korea |
| 1990s | 6.91 trillion | 235.05 billion | 6.67 trillion | Korea |
| 2000s | 20.91 trillion | 348.64 billion | 20.56 trillion | Korea |
| 2010s | 44.82 trillion | 523.21 billion | 44.29 trillion | Korea |
| 2020s | 67.31 trillion | 736.51 billion | 66.57 trillion | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 115 — general government consumption of fixed, Korea or United States of America?
- Korea, at 72.95 trillion against 851.89 billion in United States of America as of 2025.
- What is the difference in economic outlook no 115 — general government consumption of fixed between Korea and United States of America?
- 72.10 trillion, with Korea ahead.
- How many years of comparable data are there for Korea and United States of America?
- 56 years are reported by both, from 1970 to 2025.
- How do Korea and United States of America rank globally for economic outlook no 115 — general government consumption of fixed?
- Korea ranks 1st and United States of America ranks 4th of 3 groups.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 115 — General government consumption of fixed capital. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP