Iraq vs Korea: General government final consumption expenditure (current LCU), per

Iraq
288.38 current LCU per US$ of GDP
in 2024
Korea
251.03 current LCU per US$ of GDP
in 2025
Iraq rank
18th
Korea rank
19th

General government final consumption expenditure (current LCU), per over time

  • Iraq
  • Korea
0100200300400196019922025

How they compare

Iraq currently reports 288.38 current LCU per US$ of GDP against 251.03 current LCU per US$ of GDP in Korea, a difference of 37.35 current LCU per US$ of GDP.

That makes Iraq's figure about 1.1 times Korea's.

The two have swapped places 3 times across 55 shared years of data; in 1970 it was Korea ahead.

Iraq ranks 18th and Korea ranks 19th of 187 countries.

Across the 6 decades both report, Iraq averaged higher in 3 and Korea in 3.

Head to head by decade

Decade Iraq Korea Difference Ahead
1970s 0.0686 current LCU per US$ of GDP 42.84 current LCU per US$ of GDP 42.77 current LCU per US$ of GDP Korea
1980s 0.0977 current LCU per US$ of GDP 79.68 current LCU per US$ of GDP 79.59 current LCU per US$ of GDP Korea
1990s 40 current LCU per US$ of GDP 93.3 current LCU per US$ of GDP 53.31 current LCU per US$ of GDP Korea
2000s 228.32 current LCU per US$ of GDP 137.64 current LCU per US$ of GDP 90.69 current LCU per US$ of GDP Iraq
2010s 210.26 current LCU per US$ of GDP 162.3 current LCU per US$ of GDP 47.96 current LCU per US$ of GDP Iraq
2020s 251.78 current LCU per US$ of GDP 218.69 current LCU per US$ of GDP 33.09 current LCU per US$ of GDP Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher general government final consumption expenditure (current lcu), per, Iraq or Korea?
Iraq, at 288.38 current LCU per US$ of GDP against 251.03 current LCU per US$ of GDP in Korea as of 2024.
What is the difference in general government final consumption expenditure (current lcu), per between Iraq and Korea?
37.35 current LCU per US$ of GDP, with Iraq ahead.
How many years of comparable data are there for Iraq and Korea?
55 years are reported by both, from 1970 to 2024.
How do Iraq and Korea rank globally for general government final consumption expenditure (current lcu), per?
Iraq ranks 18th and Korea ranks 19th of 187 countries.
Where does this data come from?
Statizoid (derived), published as General government final consumption expenditure (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Korea: General government final consumption expenditure (current LCU), per. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/compare/general-government-final-consumption-expenditure-current-lcu-per-unit-of-gdp/iraq/korea-rep/

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About this data

Indicator
General government final consumption expenditure (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,721 data points, 1960–2025
Last refreshed

General government final consumption expenditure (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.