South Korea vs Vietnam: General government final consumption expenditure
General government final consumption expenditure over time
- South Korea
- Vietnam
How they compare
Vietnam currently reports 1,204.62 trillion current LCU against 470.02 trillion current LCU in South Korea, a difference of 734.60 trillion current LCU.
That makes Vietnam's figure about 2.6 times South Korea's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was South Korea ahead.
South Korea ranks 4th and Vietnam ranks 3rd of 186 countries.
Across the 4 decades both report, South Korea averaged higher in 2 and Vietnam in 2.
Head to head by decade
| Decade | South Korea | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 55.83 trillion current LCU | 24.32 trillion current LCU | 31.51 trillion current LCU | South Korea |
| 2000s | 119.83 trillion current LCU | 55.01 trillion current LCU | 64.83 trillion current LCU | South Korea |
| 2010s | 248.49 trillion current LCU | 525.98 trillion current LCU | 277.49 trillion current LCU | Vietnam |
| 2020s | 413.82 trillion current LCU | 926.05 trillion current LCU | 512.23 trillion current LCU | Vietnam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, South Korea or Vietnam?
- Vietnam, at 1,204.62 trillion current LCU against 470.02 trillion current LCU in South Korea as of 2025.
- What is the difference in general government final consumption expenditure between South Korea and Vietnam?
- 734.60 trillion current LCU, with Vietnam ahead.
- How many years of comparable data are there for South Korea and Vietnam?
- 31 years are reported by both, from 1995 to 2025.
- How do South Korea and Vietnam rank globally for general government final consumption expenditure?
- South Korea ranks 4th and Vietnam ranks 3rd of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.