Republic of Korea vs Somalia: Households and NPISHs Final consumption expenditure
Households and NPISHs Final consumption expenditure over time
- Republic of Korea
- Somalia
How they compare
Republic of Korea currently reports 1,111.48 trillion constant LCU against 403.04 trillion constant LCU in Somalia, a difference of 708.44 trillion constant LCU.
That makes Republic of Korea's figure about 2.8 times Somalia's.
Across all 43 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 4th and Somalia ranks 6th of 179 countries.
Republic of Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Republic of Korea | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 44.27 trillion constant LCU | 47.75 billion constant LCU | 44.22 trillion constant LCU | Republic of Korea |
| 1970s | 99.65 trillion constant LCU | 55.17 billion constant LCU | 99.59 trillion constant LCU | Republic of Korea |
| 1980s | 196.94 trillion constant LCU | 80.55 billion constant LCU | 196.86 trillion constant LCU | Republic of Korea |
| 2010s | 952.82 trillion constant LCU | 272.91 trillion constant LCU | 679.91 trillion constant LCU | Republic of Korea |
| 2020s | 1,060.47 trillion constant LCU | 356.00 trillion constant LCU | 704.47 trillion constant LCU | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, Republic of Korea or Somalia?
- Republic of Korea, at 1,111.48 trillion constant LCU against 403.04 trillion constant LCU in Somalia as of 2025.
- What is the difference in households and npishs final consumption expenditure between Republic of Korea and Somalia?
- 708.44 trillion constant LCU, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Somalia?
- 43 years are reported by both, from 1960 to 2025.
- How do Republic of Korea and Somalia rank globally for households and npishs final consumption expenditure?
- Republic of Korea ranks 4th and Somalia ranks 6th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Households and NPISHs Final consumption expenditure (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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 varies by country. This series is expressed in local currency units.