Australia vs South Korea: General government final consumption expenditure (current US$)
General government final consumption expenditure (current US$) over time
- Australia
- South Korea
How they compare
Australia currently reports 416.33 billion current US$ against 330.43 billion current US$ in South Korea, a difference of 85.91 billion current US$.
That makes Australia's figure about 1.3 times South Korea's.
The two have swapped places 6 times across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 12th and South Korea ranks 15th of 187 countries.
Australia has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.16 billion current US$ | 449.29 million current US$ | 2.71 billion current US$ | Australia |
| 1970s | 14.03 billion current US$ | 2.76 billion current US$ | 11.27 billion current US$ | Australia |
| 1980s | 36.41 billion current US$ | 12.89 billion current US$ | 23.52 billion current US$ | Australia |
| 1990s | 66.91 billion current US$ | 47.47 billion current US$ | 19.44 billion current US$ | Australia |
| 2000s | 120.13 billion current US$ | 108.40 billion current US$ | 11.74 billion current US$ | Australia |
| 2010s | 267.73 billion current US$ | 221.29 billion current US$ | 46.44 billion current US$ | Australia |
| 2020s | 364.53 billion current US$ | 321.75 billion current US$ | 42.78 billion current US$ | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Australia or South Korea?
- Australia, at 416.33 billion current US$ against 330.43 billion current US$ in South Korea as of 2025.
- What is the difference in general government final consumption expenditure between Australia and South Korea?
- 85.91 billion current US$, with Australia ahead.
- How many years of comparable data are there for Australia and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and South Korea rank globally for general government final consumption expenditure?
- Australia ranks 12th and South Korea ranks 15th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as General government final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.