Colombia vs Korea: Economic Outlook No 118 — General government final consumption
Economic Outlook No 118 — General government final consumption over time
- Colombia
- Korea
How they compare
Korea currently reports 515.71 trillion against 321.35 trillion in Colombia, a difference of 194.36 trillion.
That makes Korea's figure about 1.6 times Colombia's.
Across all 28 years both countries report, Korea has been ahead every year.
Colombia ranks 1st and Korea ranks 1st of 28 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 46.93 trillion | 119.83 trillion | 72.91 trillion | Korea |
| 2010s | 115.80 trillion | 248.49 trillion | 132.70 trillion | Korea |
| 2020s | 245.06 trillion | 436.22 trillion | 191.16 trillion | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher economic outlook no 118 — general government final consumption, Colombia or Korea?
- Korea, at 515.71 trillion against 321.35 trillion in Colombia as of 2027.
- What is the difference in economic outlook no 118 — general government final consumption between Colombia and Korea?
- 194.36 trillion, with Korea ahead.
- How many years of comparable data are there for Colombia and Korea?
- 28 years are reported by both, from 2000 to 2027.
- How do Colombia and Korea rank globally for economic outlook no 118 — general government final consumption?
- Colombia ranks 1st 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 118 — 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 (2025), OECD Economic Outlook No 118 (Edition 2025/2) EO118 Database documentation EO118 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