IDA only vs Republic of Korea: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- IDA only
- Republic of Korea
How they compare
Republic of Korea currently reports 22,946 constant 2021 international $ against 2,936 constant 2021 international $ in IDA only, a difference of 20,010 constant 2021 international $.
That makes Republic of Korea's figure about 7.8 times IDA only's.
Across all 36 years both countries report, Republic of Korea has been ahead every year.
IDA only ranks 37th and Republic of Korea ranks 38th of 41 groups.
Republic of Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | IDA only | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2,130 constant 2021 international $ | 10,336 constant 2021 international $ | 8,206 constant 2021 international $ | Republic of Korea |
| 2000s | 2,466 constant 2021 international $ | 15,430 constant 2021 international $ | 12,964 constant 2021 international $ | Republic of Korea |
| 2010s | 2,678 constant 2021 international $ | 19,340 constant 2021 international $ | 16,662 constant 2021 international $ | Republic of Korea |
| 2020s | 2,774 constant 2021 international $ | 21,871 constant 2021 international $ | 19,097 constant 2021 international $ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, IDA only or Republic of Korea?
- Republic of Korea, at 22,946 constant 2021 international $ against 2,936 constant 2021 international $ in IDA only as of 2025.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between IDA only and Republic of Korea?
- 20,010 constant 2021 international $, with Republic of Korea ahead.
- How many years of comparable data are there for IDA only and Republic of Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do IDA only and Republic of Korea rank globally for households and npishs final consumption expenditure per capita, ppp?
- IDA only ranks 37th and Republic of Korea ranks 38th of 41 groups.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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. The core indicator has been divided by the general population to achieve a per capita estimate. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.