South Korea vs Spain: Gross national expenditure
Gross national expenditure over time
- South Korea
- Spain
How they compare
South Korea currently reports 1.78 trillion constant 2015 US$ against 1.42 trillion constant 2015 US$ in Spain, a difference of 358.45 billion constant 2015 US$.
That makes South Korea's figure about 1.3 times Spain's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Spain ahead.
South Korea ranks 11th and Spain ranks 14th of 162 countries.
Across the 6 decades both report, South Korea averaged higher in 2 and Spain in 4.
Head to head by decade
| Decade | South Korea | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 132.65 billion constant 2015 US$ | 476.01 billion constant 2015 US$ | 343.36 billion constant 2015 US$ | Spain |
| 1980s | 282.16 billion constant 2015 US$ | 586.36 billion constant 2015 US$ | 304.21 billion constant 2015 US$ | Spain |
| 1990s | 655.74 billion constant 2015 US$ | 812.29 billion constant 2015 US$ | 156.55 billion constant 2015 US$ | Spain |
| 2000s | 1.04 trillion constant 2015 US$ | 1.16 trillion constant 2015 US$ | 116.30 billion constant 2015 US$ | Spain |
| 2010s | 1.44 trillion constant 2015 US$ | 1.19 trillion constant 2015 US$ | 248.87 billion constant 2015 US$ | South Korea |
| 2020s | 1.73 trillion constant 2015 US$ | 1.31 trillion constant 2015 US$ | 419.94 billion constant 2015 US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, South Korea or Spain?
- South Korea, at 1.78 trillion constant 2015 US$ against 1.42 trillion constant 2015 US$ in Spain as of 2025.
- What is the difference in gross national expenditure between South Korea and Spain?
- 358.45 billion constant 2015 US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Spain?
- 56 years are reported by both, from 1970 to 2025.
- How do South Korea and Spain rank globally for gross national expenditure?
- South Korea ranks 11th and Spain ranks 14th of 162 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (constant 2015 US$). 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.