South Korea vs Mongolia: Final consumption expenditure
Final consumption expenditure over time
- South Korea
- Mongolia
How they compare
Mongolia currently reports 66.1% against 65.7% in South Korea, a difference of 0.4%.
The two have swapped places 8 times across 45 shared years of data; in 1981 it was Mongolia ahead.
South Korea ranks 160th and Mongolia ranks 159th of 187 countries.
Mongolia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South Korea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 65.6% | 80.6% | 15.0% | Mongolia |
| 1990s | 62.0% | 69.4% | 7.4% | Mongolia |
| 2000s | 66.0% | 77.1% | 11.1% | Mongolia |
| 2010s | 65.0% | 70.2% | 5.1% | Mongolia |
| 2020s | 65.8% | 66.4% | 0.6% | Mongolia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, South Korea or Mongolia?
- Mongolia, at 66.1% against 65.7% in South Korea as of 2025.
- What is the difference in final consumption expenditure between South Korea and Mongolia?
- 0.4%, with Mongolia ahead.
- How many years of comparable data are there for South Korea and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do South Korea and Mongolia rank globally for final consumption expenditure?
- South Korea ranks 160th and Mongolia ranks 159th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.