Colombia vs Korea: Economic Outlook No 117 — Private final consumption expenditure

Colombia
1,434.47 trillion
in 2026
Korea
1,327.07 trillion
in 2026
Colombia rank
2nd
Korea rank
1st

Economic Outlook No 117 — Private final consumption expenditure over time

  • Colombia
  • Korea
0500.0T1,000.0T1,500.0T196019932026

How they compare

Colombia currently reports 1,434.47 trillion against 1,327.07 trillion in Korea, a difference of 107.40 trillion.

That makes Colombia's figure about 1.1 times Korea's.

The two have swapped places 1 time across 33 shared years of data; in 1994 it was Korea ahead.

Colombia ranks 2nd and Korea ranks 1st of 37 countries.

Korea has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Colombia Korea Difference Ahead
1990s 97.52 trillion 268.50 trillion 170.98 trillion Korea
2000s 231.18 trillion 518.63 trillion 287.45 trillion Korea
2010s 534.61 trillion 862.52 trillion 327.91 trillion Korea
2020s 1,122.92 trillion 1,171.96 trillion 49.04 trillion Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher economic outlook no 117 — private final consumption expenditure, Colombia or Korea?
Colombia, at 1,434.47 trillion against 1,327.07 trillion in Korea as of 2026.
What is the difference in economic outlook no 117 — private final consumption expenditure between Colombia and Korea?
107.40 trillion, with Colombia ahead.
How many years of comparable data are there for Colombia and Korea?
33 years are reported by both, from 1994 to 2026.
How do Colombia and Korea rank globally for economic outlook no 117 — private final consumption expenditure?
Colombia ranks 2nd and Korea ranks 1st of 37 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Economic Outlook No 117 — Private final consumption expenditure, nominal value, GDP expenditure approach. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Korea: Economic Outlook No 117 — Private final consumption expenditure. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 09 September 2026, from https://economy.statizoid.com/compare/economic-outlook-no-117-private-final-consumption-expenditure-nominal-value-gdp/colombia/korea/

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About this data

Indicator
Economic Outlook No 117 — Private final consumption expenditure, nominal value, GDP expenditure approach
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
48 places, 2,363 data points, 1960–2026
Last refreshed

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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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