Arab World vs Republic of Korea: General government final consumption expenditure
General government final consumption expenditure over time
- Arab World
- Republic of Korea
How they compare
Arab World currently reports 617.93 billion constant 2015 US$ against 332.27 billion constant 2015 US$ in Republic of Korea, a difference of 285.65 billion constant 2015 US$.
That makes Arab World's figure about 1.9 times Republic of Korea's.
Across all 26 years both countries report, Arab World has been ahead every year.
Arab World ranks 14th and Republic of Korea ranks 11th of 31 groups.
Arab World has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Arab World | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 294.30 billion constant 2015 US$ | 133.66 billion constant 2015 US$ | 160.64 billion constant 2015 US$ | Arab World |
| 2010s | 483.29 billion constant 2015 US$ | 218.62 billion constant 2015 US$ | 264.67 billion constant 2015 US$ | Arab World |
| 2020s | 581.20 billion constant 2015 US$ | 310.13 billion constant 2015 US$ | 271.07 billion constant 2015 US$ | Arab World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Arab World or Republic of Korea?
- Arab World, at 617.93 billion constant 2015 US$ against 332.27 billion constant 2015 US$ in Republic of Korea as of 2025.
- What is the difference in general government final consumption expenditure between Arab World and Republic of Korea?
- 285.65 billion constant 2015 US$, with Arab World ahead.
- How many years of comparable data are there for Arab World and Republic of Korea?
- 26 years are reported by both, from 2000 to 2025.
- How do Arab World and Republic of Korea rank globally for general government final consumption expenditure?
- Arab World ranks 14th and Republic of Korea ranks 11th of 31 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 is 2015. This indicator is expressed in United States dollars.