Barbados vs Republic of Korea: Expense
Barbados
28.8%
in 2016
Republic of Korea
28.3%
in 2023
Barbados rank
63rd
Republic of Korea rank
66th
Expense over time
- Barbados
- Republic of Korea
How they compare
Barbados currently reports 28.8% against 28.3% in Republic of Korea, a difference of 0.5%.
Across all 14 years both countries report, Barbados has been ahead every year.
Barbados ranks 63rd and Republic of Korea ranks 66th of 157 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.8% | 17.4% | 11.5% | Barbados |
| 2010s | 28.6% | 21.2% | 7.5% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Barbados or Republic of Korea?
- Barbados, at 28.8% against 28.3% in Republic of Korea as of 2016.
- What is the difference in expense between Barbados and Republic of Korea?
- 0.5%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Republic of Korea?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and Republic of Korea rank globally for expense?
- Barbados ranks 63rd and Republic of Korea ranks 66th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.