Japan vs Korea: Economic Outlook No 116 — General government final consumption
Economic Outlook No 116 — General government final consumption over time
- Japan
- Korea
How they compare
Korea currently reports 468.90 trillion against 130.32 trillion in Japan, a difference of 338.58 trillion.
That makes Korea's figure about 3.6 times Japan's.
The two have swapped places 1 time across 57 shared years of data; in 1970 it was Japan ahead.
Japan ranks 2nd and Korea ranks 1st of 28 countries.
Across the 6 decades both report, Japan averaged higher in 3 and Korea in 3.
Head to head by decade
| Decade | Japan | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 20.08 trillion | 1.27 trillion | 18.81 trillion | Japan |
| 1980s | 46.52 trillion | 9.77 trillion | 36.75 trillion | Japan |
| 1990s | 75.80 trillion | 42.79 trillion | 33.01 trillion | Japan |
| 2000s | 93.53 trillion | 119.97 trillion | 26.44 trillion | Korea |
| 2010s | 104.03 trillion | 248.49 trillion | 144.46 trillion | Korea |
| 2020s | 122.52 trillion | 417.74 trillion | 295.22 trillion | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 116 — general government final consumption, Japan or Korea?
- Korea, at 468.90 trillion against 130.32 trillion in Japan as of 2026.
- What is the difference in economic outlook no 116 — general government final consumption between Japan and Korea?
- 338.58 trillion, with Korea ahead.
- How many years of comparable data are there for Japan and Korea?
- 57 years are reported by both, from 1970 to 2026.
- How do Japan and Korea rank globally for economic outlook no 116 — general government final consumption?
- Japan ranks 2nd and Korea ranks 1st of 28 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Economic Outlook No 116 — General government final consumption expenditure, nominal value, appropriation account. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org