Republic of Korea vs Viet Nam: Final consumption expenditure
Final consumption expenditure over time
- Republic of Korea
- Viet Nam
How they compare
Viet Nam currently reports 8,041.01 trillion current LCU against 1,749.01 trillion current LCU in Republic of Korea, a difference of 6,292.00 trillion current LCU.
That makes Viet Nam's figure about 4.6 times Republic of Korea's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was Republic of Korea ahead.
Republic of Korea ranks 5th and Viet Nam ranks 3rd of 187 countries.
Across the 4 decades both report, Republic of Korea averaged higher in 1 and Viet Nam in 3.
Head to head by decade
| Decade | Republic of Korea | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 338.11 trillion current LCU | 249.64 trillion current LCU | 88.47 trillion current LCU | Republic of Korea |
| 2000s | 638.47 trillion current LCU | 689.96 trillion current LCU | 51.49 trillion current LCU | Viet Nam |
| 2010s | 1,111.02 trillion current LCU | 3,491.26 trillion current LCU | 2,380.24 trillion current LCU | Viet Nam |
| 2020s | 1,562.50 trillion current LCU | 6,434.42 trillion current LCU | 4,871.92 trillion current LCU | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Republic of Korea or Viet Nam?
- Viet Nam, at 8,041.01 trillion current LCU against 1,749.01 trillion current LCU in Republic of Korea as of 2025.
- What is the difference in final consumption expenditure between Republic of Korea and Viet Nam?
- 6,292.00 trillion current LCU, with Viet Nam ahead.
- How many years of comparable data are there for Republic of Korea and Viet Nam?
- 31 years are reported by both, from 1995 to 2025.
- How do Republic of Korea and Viet Nam rank globally for final consumption expenditure?
- Republic of Korea ranks 5th and Viet Nam ranks 3rd 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.