Iraq vs South Korea: General government final consumption expenditure
General government final consumption expenditure over time
- Iraq
- South Korea
How they compare
South Korea currently reports 411.92 trillion constant LCU against 45.94 trillion constant LCU in Iraq, a difference of 365.98 trillion constant LCU.
That makes South Korea's figure about 9.0 times Iraq's.
Across all 18 years both countries report, South Korea has been ahead every year.
Iraq ranks 7th and South Korea ranks 4th of 175 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Iraq | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 22.21 trillion constant LCU | 199.82 trillion constant LCU | 177.61 trillion constant LCU | South Korea |
| 2010s | 29.35 trillion constant LCU | 271.02 trillion constant LCU | 241.67 trillion constant LCU | South Korea |
| 2020s | 37.41 trillion constant LCU | 378.98 trillion constant LCU | 341.57 trillion constant LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Iraq or South Korea?
- South Korea, at 411.92 trillion constant LCU against 45.94 trillion constant LCU in Iraq as of 2025.
- What is the difference in general government final consumption expenditure between Iraq and South Korea?
- 365.98 trillion constant LCU, with South Korea ahead.
- How many years of comparable data are there for Iraq and South Korea?
- 18 years are reported by both, from 2007 to 2024.
- How do Iraq and South Korea rank globally for general government final consumption expenditure?
- Iraq ranks 7th and South Korea ranks 4th of 175 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 LCU). 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 varies by country. This series is expressed in local currency units.