Italy vs South Korea: Gross national expenditure
Gross national expenditure over time
- Italy
- South Korea
How they compare
Italy currently reports 2.02 trillion constant 2015 US$ against 1.78 trillion constant 2015 US$ in South Korea, a difference of 233.54 billion constant 2015 US$.
That makes Italy's figure about 1.1 times South Korea's.
Across all 56 years both countries report, Italy has been ahead every year.
Italy ranks 9th and South Korea ranks 11th of 162 countries.
Italy has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Italy | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.04 trillion constant 2015 US$ | 132.65 billion constant 2015 US$ | 909.87 billion constant 2015 US$ | Italy |
| 1980s | 1.37 trillion constant 2015 US$ | 282.16 billion constant 2015 US$ | 1.09 trillion constant 2015 US$ | Italy |
| 1990s | 1.65 trillion constant 2015 US$ | 655.74 billion constant 2015 US$ | 995.17 billion constant 2015 US$ | Italy |
| 2000s | 1.93 trillion constant 2015 US$ | 1.04 trillion constant 2015 US$ | 886.78 billion constant 2015 US$ | Italy |
| 2010s | 1.84 trillion constant 2015 US$ | 1.44 trillion constant 2015 US$ | 399.78 billion constant 2015 US$ | Italy |
| 2020s | 1.92 trillion constant 2015 US$ | 1.73 trillion constant 2015 US$ | 192.41 billion constant 2015 US$ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, Italy or South Korea?
- Italy, at 2.02 trillion constant 2015 US$ against 1.78 trillion constant 2015 US$ in South Korea as of 2025.
- What is the difference in gross national expenditure between Italy and South Korea?
- 233.54 billion constant 2015 US$, with Italy ahead.
- How many years of comparable data are there for Italy and South Korea?
- 56 years are reported by both, from 1970 to 2025.
- How do Italy and South Korea rank globally for gross national expenditure?
- Italy ranks 9th and South Korea ranks 11th of 162 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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 is 2015. This indicator is expressed in United States dollars.