Korea vs Lebanon: Final consumption expenditure
Final consumption expenditure over time
- Korea
- Lebanon
How they compare
Lebanon currently reports 3,118.37 trillion current LCU against 1,749.01 trillion current LCU in Korea, a difference of 1,369.36 trillion current LCU.
That makes Lebanon's figure about 1.8 times Korea's.
The two have swapped places 1 time across 35 shared years of data; in 1990 it was Korea ahead.
Korea ranks 5th and Lebanon ranks 4th of 187 countries.
Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 258.18 trillion current LCU | 17.98 trillion current LCU | 240.20 trillion current LCU | Korea |
| 2000s | 638.47 trillion current LCU | 34.21 trillion current LCU | 604.26 trillion current LCU | Korea |
| 2010s | 1,111.02 trillion current LCU | 75.43 trillion current LCU | 1,035.59 trillion current LCU | Korea |
| 2020s | 1,525.20 trillion current LCU | 1,367.06 trillion current LCU | 158.14 trillion current LCU | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Korea or Lebanon?
- Lebanon, at 3,118.37 trillion current LCU against 1,749.01 trillion current LCU in Korea as of 2024.
- What is the difference in final consumption expenditure between Korea and Lebanon?
- 1,369.36 trillion current LCU, with Lebanon ahead.
- How many years of comparable data are there for Korea and Lebanon?
- 35 years are reported by both, from 1990 to 2024.
- How do Korea and Lebanon rank globally for final consumption expenditure?
- Korea ranks 5th and Lebanon ranks 4th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.