Republic of Korea vs Russian Federation: Final consumption expenditure
Final consumption expenditure over time
- Republic of Korea
- Russian Federation
How they compare
Republic of Korea currently reports 1.26 trillion constant 2015 US$ against 1.25 trillion constant 2015 US$ in Russian Federation, a difference of 2.80 billion constant 2015 US$.
The two have swapped places 3 times across 36 shared years of data; in 1990 it was Russian Federation ahead.
Republic of Korea ranks 12th and Russian Federation ranks 13th of 171 countries.
Across the 4 decades both report, Republic of Korea averaged higher in 2 and Russian Federation in 2.
Head to head by decade
| Decade | Republic of Korea | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 445.90 billion constant 2015 US$ | 467.80 billion constant 2015 US$ | 21.90 billion constant 2015 US$ | Russian Federation |
| 2000s | 712.48 billion constant 2015 US$ | 669.72 billion constant 2015 US$ | 42.76 billion constant 2015 US$ | Republic of Korea |
| 2010s | 983.40 billion constant 2015 US$ | 984.77 billion constant 2015 US$ | 1.36 billion constant 2015 US$ | Russian Federation |
| 2020s | 1.19 trillion constant 2015 US$ | 1.13 trillion constant 2015 US$ | 59.83 billion constant 2015 US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Republic of Korea or Russian Federation?
- Republic of Korea, at 1.26 trillion constant 2015 US$ against 1.25 trillion constant 2015 US$ in Russian Federation as of 2025.
- What is the difference in final consumption expenditure between Republic of Korea and Russian Federation?
- 2.80 billion constant 2015 US$, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Russian Federation?
- 36 years are reported by both, from 1990 to 2025.
- How do Republic of Korea and Russian Federation rank globally for final consumption expenditure?
- Republic of Korea ranks 12th and Russian Federation ranks 13th of 171 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.