Republic of Korea vs Lower middle income: Final consumption expenditure (constant 2015 US$), per capita
Final consumption expenditure (constant 2015 US$), per capita over time
- Republic of Korea
- Lower middle income
How they compare
Republic of Korea currently reports 24,301 constant 2015 US$ per person against 1,919 constant 2015 US$ per person in Lower middle income, a difference of 22,382 constant 2015 US$ per person.
That makes Republic of Korea's figure about 12.7 times Lower middle income's.
Across all 66 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 33rd and Lower middle income ranks 31st of 172 countries.
Republic of Korea has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Republic of Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1,693 constant 2015 US$ per person | 515.13 constant 2015 US$ per person | 1,177 constant 2015 US$ per person | Republic of Korea |
| 1970s | 3,045 constant 2015 US$ per person | 559.28 constant 2015 US$ per person | 2,486 constant 2015 US$ per person | Republic of Korea |
| 1980s | 5,110 constant 2015 US$ per person | 629.72 constant 2015 US$ per person | 4,480 constant 2015 US$ per person | Republic of Korea |
| 1990s | 9,912 constant 2015 US$ per person | 739.52 constant 2015 US$ per person | 9,173 constant 2015 US$ per person | Republic of Korea |
| 2000s | 14,772 constant 2015 US$ per person | 942.85 constant 2015 US$ per person | 13,829 constant 2015 US$ per person | Republic of Korea |
| 2010s | 19,348 constant 2015 US$ per person | 1,352 constant 2015 US$ per person | 17,995 constant 2015 US$ per person | Republic of Korea |
| 2020s | 23,028 constant 2015 US$ per person | 1,722 constant 2015 US$ per person | 21,307 constant 2015 US$ per person | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure (constant 2015 us$), per capita, Republic of Korea or Lower middle income?
- Republic of Korea, at 24,301 constant 2015 US$ per person against 1,919 constant 2015 US$ per person in Lower middle income as of 2025.
- What is the difference in final consumption expenditure (constant 2015 us$), per capita between Republic of Korea and Lower middle income?
- 22,382 constant 2015 US$ per person, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Lower middle income?
- 66 years are reported by both, from 1960 to 2025.
- How do Republic of Korea and Lower middle income rank globally for final consumption expenditure (constant 2015 us$), per capita?
- Republic of Korea ranks 33rd and Lower middle income ranks 31st of 172 countries.
- Where does this data come from?
- Statizoid (derived), published as Final consumption expenditure (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.