Republic of Korea vs Viet Nam: General government final consumption expenditure
General government final consumption expenditure over time
- Republic of Korea
- Viet Nam
How they compare
Viet Nam currently reports 622.22 trillion constant LCU against 411.92 trillion constant LCU in Republic of Korea, a difference of 210.30 trillion constant LCU.
That makes Viet Nam's figure about 1.5 times Republic of Korea's.
The two have swapped places 2 times across 32 shared years of data; in 1994 it was Viet Nam ahead.
Republic of Korea ranks 4th and Viet Nam ranks 3rd of 175 countries.
Viet Nam has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Republic of Korea | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 114.28 trillion constant LCU | 122.42 trillion constant LCU | 8.14 trillion constant LCU | Viet Nam |
| 2000s | 165.69 trillion constant LCU | 184.55 trillion constant LCU | 18.86 trillion constant LCU | Viet Nam |
| 2010s | 271.02 trillion constant LCU | 369.44 trillion constant LCU | 98.42 trillion constant LCU | Viet Nam |
| 2020s | 384.47 trillion constant LCU | 526.87 trillion constant LCU | 142.41 trillion constant LCU | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Republic of Korea or Viet Nam?
- Viet Nam, at 622.22 trillion constant LCU against 411.92 trillion constant LCU in Republic of Korea as of 2025.
- What is the difference in general government final consumption expenditure between Republic of Korea and Viet Nam?
- 210.30 trillion constant LCU, with Viet Nam ahead.
- How many years of comparable data are there for Republic of Korea and Viet Nam?
- 32 years are reported by both, from 1994 to 2025.
- How do Republic of Korea and Viet Nam rank globally for general government final consumption expenditure?
- Republic of Korea ranks 4th and Viet Nam ranks 3rd 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.