East Asia & Pacific vs South Korea: Gross national expenditure (current US$)
Gross national expenditure (current US$) over time
- East Asia & Pacific
- South Korea
How they compare
East Asia & Pacific currently reports 31.17 trillion current US$ against 1.78 trillion current US$ in South Korea, a difference of 29.40 trillion current US$.
That makes East Asia & Pacific's figure about 17.6 times South Korea's.
Across all 65 years both countries report, East Asia & Pacific has been ahead every year.
East Asia & Pacific ranks 12th and South Korea ranks 15th of 43 groups.
East Asia & Pacific has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 269.44 billion current US$ | 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 South Korea?
- East Asia & Pacific, at 31.17 trillion current US$ against 1.78 trillion current US$ in South Korea as of 2024.
- What is the difference in gross national expenditure between East Asia & Pacific and South Korea?
- 29.40 trillion current US$, with East Asia & Pacific ahead.
- How many years of comparable data are there for East Asia & Pacific and South Korea?
- 65 years are reported by both, from 1960 to 2024.
- How do East Asia & Pacific and South Korea rank globally for gross national expenditure?
- East Asia & Pacific ranks 12th and South Korea ranks 15th of 43 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross national expenditure (current US$). 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.