India vs South Korea: General government final consumption expenditure
General government final consumption expenditure over time
- India
- South Korea
How they compare
India currently reports 341.19 billion constant 2015 US$ against 332.27 billion constant 2015 US$ in South Korea, a difference of 8.92 billion constant 2015 US$.
The two have swapped places 7 times across 66 shared years of data; in 1960 it was South Korea ahead.
India ranks 10th and South Korea ranks 11th of 167 countries.
Across the 7 decades both report, India averaged higher in 1 and South Korea in 6.
Head to head by decade
| Decade | India | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.55 billion constant 2015 US$ | 13.55 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | South Korea |
| 1970s | 22.02 billion constant 2015 US$ | 26.84 billion constant 2015 US$ | 4.82 billion constant 2015 US$ | South Korea |
| 1980s | 39.74 billion constant 2015 US$ | 46.97 billion constant 2015 US$ | 7.23 billion constant 2015 US$ | South Korea |
| 1990s | 68.04 billion constant 2015 US$ | 85.08 billion constant 2015 US$ | 17.04 billion constant 2015 US$ | South Korea |
| 2000s | 118.56 billion constant 2015 US$ | 133.66 billion constant 2015 US$ | 15.10 billion constant 2015 US$ | South Korea |
| 2010s | 222.53 billion constant 2015 US$ | 218.62 billion constant 2015 US$ | 3.92 billion constant 2015 US$ | India |
| 2020s | 305.73 billion constant 2015 US$ | 310.13 billion constant 2015 US$ | 4.40 billion constant 2015 US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, India or South Korea?
- India, at 341.19 billion constant 2015 US$ against 332.27 billion constant 2015 US$ in South Korea as of 2025.
- What is the difference in general government final consumption expenditure between India and South Korea?
- 8.92 billion constant 2015 US$, with India ahead.
- How many years of comparable data are there for India and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do India and South Korea rank globally for general government final consumption expenditure?
- India ranks 10th and South Korea ranks 11th of 167 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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. 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.