Colombia vs Korea: Final consumption expenditure
Final consumption expenditure over time
- Colombia
- Korea
How they compare
Korea currently reports 1,523.31 trillion constant LCU against 955.92 trillion constant LCU in Colombia, a difference of 567.38 trillion constant LCU.
That makes Korea's figure about 1.6 times Colombia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Colombia ahead.
Colombia ranks 5th and Korea ranks 4th of 176 countries.
Across the 7 decades both report, Colombia averaged higher in 2 and Korea in 5.
Head to head by decade
| Decade | Colombia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 85.52 trillion constant LCU | 58.71 trillion constant LCU | 26.81 trillion constant LCU | Colombia |
| 1970s | 148.82 trillion constant LCU | 130.01 trillion constant LCU | 18.81 trillion constant LCU | Colombia |
| 1980s | 221.50 trillion constant LCU | 252.32 trillion constant LCU | 30.82 trillion constant LCU | Korea |
| 1990s | 319.74 trillion constant LCU | 540.80 trillion constant LCU | 221.06 trillion constant LCU | Korea |
| 2000s | 422.18 trillion constant LCU | 864.10 trillion constant LCU | 441.92 trillion constant LCU | Korea |
| 2010s | 647.58 trillion constant LCU | 1,192.68 trillion constant LCU | 545.11 trillion constant LCU | Korea |
| 2020s | 870.39 trillion constant LCU | 1,444.92 trillion constant LCU | 574.53 trillion constant LCU | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Colombia or Korea?
- Korea, at 1,523.31 trillion constant LCU against 955.92 trillion constant LCU in Colombia as of 2025.
- What is the difference in final consumption expenditure between Colombia and Korea?
- 567.38 trillion constant LCU, with Korea ahead.
- How many years of comparable data are there for Colombia and Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Colombia and Korea rank globally for final consumption expenditure?
- Colombia ranks 5th and Korea ranks 4th of 176 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant LCU). 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 varies by country. This series is expressed in local currency units.