East Asia & Pacific vs Republic of Korea: Gross national expenditure
Gross national expenditure over time
- East Asia & Pacific
- Republic of Korea
How they compare
East Asia & Pacific currently reports 31.17 trillion current US$ against 1.78 trillion current US$ in Republic of Korea, a difference of 29.40 trillion current US$.
That makes East Asia & Pacific's figure about 17.6 times Republic of Korea's.
Across all 65 years both countries report, East Asia & Pacific has been ahead every year.
East Asia & Pacific ranks 12th and Republic of Korea ranks 15th of 43 groups.
East Asia & Pacific has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 269.44 billion current US$ | 4.70 billion current US$ | 264.74 billion current US$ | East Asia & Pacific |
| 1970s | 964.34 billion current US$ | 29.23 billion current US$ | 935.11 billion current US$ | East Asia & Pacific |
| 1980s | 2.83 trillion current US$ | 123.17 billion current US$ | 2.71 trillion current US$ | East Asia & Pacific |
| 1990s | 6.94 trillion current US$ | 458.34 billion current US$ | 6.48 trillion current US$ | East Asia & Pacific |
| 2000s | 10.34 trillion current US$ | 859.40 billion current US$ | 9.48 trillion current US$ | East Asia & Pacific |
| 2010s | 22.32 trillion current US$ | 1.46 trillion current US$ | 20.86 trillion current US$ | East Asia & Pacific |
| 2020s | 30.14 trillion current US$ | 1.80 trillion current US$ | 28.34 trillion current US$ | East Asia & Pacific |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross national expenditure, East Asia & Pacific or Republic of Korea?
- East Asia & Pacific, at 31.17 trillion current US$ against 1.78 trillion current US$ in Republic of Korea as of 2024.
- What is the difference in gross national expenditure between East Asia & Pacific and Republic of Korea?
- 29.40 trillion current US$, with East Asia & Pacific ahead.
- How many years of comparable data are there for East Asia & Pacific and Republic of Korea?
- 65 years are reported by both, from 1960 to 2024.
- How do East Asia & Pacific and Republic of Korea rank globally for gross national expenditure?
- East Asia & Pacific ranks 12th and Republic of Korea ranks 15th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.