South Korea vs Middle income: Gross national expenditure (constant 2015 US$)
Gross national expenditure (constant 2015 US$) over time
- South Korea
- Middle income
How they compare
Middle income currently reports 37.88 trillion constant 2015 US$ against 1.78 trillion constant 2015 US$ in South Korea, a difference of 36.10 trillion constant 2015 US$.
That makes Middle income's figure about 21.2 times South Korea's.
Across all 31 years both countries report, Middle income has been ahead every year.
South Korea ranks 11th and Middle income ranks 8th of 163 countries.
Middle income has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 751.09 billion constant 2015 US$ | 8.48 trillion constant 2015 US$ | 7.73 trillion constant 2015 US$ | Middle income |
| 2000s | 1.04 trillion constant 2015 US$ | 12.51 trillion constant 2015 US$ | 11.47 trillion constant 2015 US$ | Middle income |
| 2010s | 1.44 trillion constant 2015 US$ | 24.93 trillion constant 2015 US$ | 23.49 trillion constant 2015 US$ | Middle income |
| 2020s | 1.73 trillion constant 2015 US$ | 34.17 trillion constant 2015 US$ | 32.44 trillion constant 2015 US$ | Middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, South Korea or Middle income?
- Middle income, at 37.88 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 South Korea and Middle income?
- 36.10 trillion constant 2015 US$, with Middle income ahead.
- How many years of comparable data are there for South Korea and Middle income?
- 31 years are reported by both, from 1995 to 2025.
- How do South Korea and Middle income rank globally for gross national expenditure?
- South Korea ranks 11th and Middle income ranks 8th of 163 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). 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.