Republic of Korea vs Panama: Historical gov spending gdp
Republic of Korea
22.53
in 2024
Panama
23.15
in 2024
Republic of Korea rank
108th
Panama rank
106th
Historical gov spending gdp over time
- Republic of Korea
- Panama
How they compare
Panama currently reports 23.15 against 22.53 in Republic of Korea, a difference of 0.62.
The two have swapped places 11 times across 72 shared years of data; in 1953 it was Republic of Korea ahead.
Republic of Korea ranks 108th and Panama ranks 106th of 151 countries.
Across the 8 decades both report, Republic of Korea averaged higher in 3 and Panama in 5.
Head to head by decade
| Decade | Republic of Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 19.3 | 15.12 | 4.19 | Republic of Korea |
| 1960s | 17.3 | 16.19 | 1.11 | Republic of Korea |
| 1970s | 17.02 | 19.33 | 2.31 | Panama |
| 1980s | 15.61 | 40.11 | 24.5 | Panama |
| 1990s | 15.01 | 26.51 | 11.5 | Panama |
| 2000s | 17.95 | 22.86 | 4.91 | Panama |
| 2010s | 18.93 | 22.33 | 3.4 | Panama |
| 2020s | 24.01 | 23.44 | 0.571 | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher historical gov spending gdp, Republic of Korea or Panama?
- Panama, at 23.15 against 22.53 in Republic of Korea as of 2024.
- What is the difference in historical gov spending gdp between Republic of Korea and Panama?
- 0.62, with Panama ahead.
- How many years of comparable data are there for Republic of Korea and Panama?
- 72 years are reported by both, from 1953 to 2024.
- How do Republic of Korea and Panama rank globally for historical gov spending gdp?
- Republic of Korea ranks 108th and Panama ranks 106th of 151 countries.
- Where does this data come from?
- Our World in Data, published as Historical gov spending gdp. Statizoid refreshes it automatically from the source and publishes the full history for both places.