Republic of Korea vs Norway: Final consumption expenditure
Final consumption expenditure over time
- Republic of Korea
- Norway
How they compare
Republic of Korea currently reports 65.7% against 65.1% in Norway, a difference of 0.6%.
The two have swapped places 8 times across 56 shared years of data; in 1970 it was Republic of Korea ahead.
Republic of Korea ranks 161st and Norway ranks 162nd of 188 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 3 and Norway in 3.
Head to head by decade
| Decade | Republic of Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 77.2% | 68.6% | 8.6% | Republic of Korea |
| 1980s | 66.5% | 67.4% | 0.9% | Norway |
| 1990s | 62.0% | 70.3% | 8.2% | Norway |
| 2000s | 66.0% | 63.2% | 2.8% | Republic of Korea |
| 2010s | 65.0% | 65.8% | 0.8% | Norway |
| 2020s | 65.8% | 62.5% | 3.4% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Republic of Korea or Norway?
- Republic of Korea, at 65.7% against 65.1% in Norway as of 2025.
- What is the difference in final consumption expenditure between Republic of Korea and Norway?
- 0.6%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Norway?
- 56 years are reported by both, from 1970 to 2025.
- How do Republic of Korea and Norway rank globally for final consumption expenditure?
- Republic of Korea ranks 161st and Norway ranks 162nd of 188 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.