South Korea vs Spain: Final consumption expenditure
Final consumption expenditure over time
- South Korea
- Spain
How they compare
South Korea currently reports 1.26 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Spain, a difference of 140.94 billion constant 2015 US$.
That makes South Korea's figure about 1.1 times Spain's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Spain ahead.
South Korea ranks 12th and Spain ranks 15th of 170 countries.
Across the 6 decades both report, South Korea averaged higher in 2 and Spain in 4.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 107.20 billion constant 2015 US$ | 371.44 billion constant 2015 US$ | 264.24 billion constant 2015 US$ | Spain |
| 1980s | 208.04 billion constant 2015 US$ | 475.01 billion constant 2015 US$ | 266.97 billion constant 2015 US$ | Spain |
| 1990s | 445.90 billion constant 2015 US$ | 641.43 billion constant 2015 US$ | 195.52 billion constant 2015 US$ | Spain |
| 2000s | 712.48 billion constant 2015 US$ | 883.48 billion constant 2015 US$ | 171.00 billion constant 2015 US$ | Spain |
| 2010s | 983.40 billion constant 2015 US$ | 955.86 billion constant 2015 US$ | 27.55 billion constant 2015 US$ | South Korea |
| 2020s | 1.19 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 160.40 billion constant 2015 US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, South Korea or Spain?
- South Korea, at 1.26 trillion constant 2015 US$ against 1.12 trillion constant 2015 US$ in Spain as of 2025.
- What is the difference in final consumption expenditure between South Korea and Spain?
- 140.94 billion constant 2015 US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Spain?
- 56 years are reported by both, from 1970 to 2025.
- How do South Korea and Spain rank globally for final consumption expenditure?
- South Korea ranks 12th and Spain ranks 15th of 170 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.