East Asia & Pacific (excluding high income) vs Korea: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- East Asia & Pacific (excluding high income)
- Korea
How they compare
East Asia & Pacific (excluding high income) currently reports 21.56 trillion current international $ against 1.45 trillion current international $ in Korea, a difference of 20.10 trillion current international $.
That makes East Asia & Pacific (excluding high income)'s figure about 14.8 times Korea's.
Across all 35 years both countries report, East Asia & Pacific (excluding high income) has been ahead every year.
East Asia & Pacific (excluding high income) ranks 16th and Korea ranks 17th of 43 groups.
East Asia & Pacific (excluding high income) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | East Asia & Pacific (excluding high income) | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.41 trillion current international $ | 312.83 billion current international $ | 1.10 trillion current international $ | East Asia & Pacific (excluding high income) |
| 2000s | 3.81 trillion current international $ | 593.85 billion current international $ | 3.21 trillion current international $ | East Asia & Pacific (excluding high income) |
| 2010s | 10.18 trillion current international $ | 897.79 billion current international $ | 9.28 trillion current international $ | East Asia & Pacific (excluding high income) |
| 2020s | 17.84 trillion current international $ | 1.23 trillion current international $ | 16.62 trillion current international $ | East Asia & Pacific (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, East Asia & Pacific (excluding high income) or Korea?
- East Asia & Pacific (excluding high income), at 21.56 trillion current international $ against 1.45 trillion current international $ in Korea as of 2024.
- What is the difference in households and npishs final consumption expenditure, ppp between East Asia & Pacific (excluding high income) and Korea?
- 20.10 trillion current international $, with East Asia & Pacific (excluding high income) ahead.
- How many years of comparable data are there for East Asia & Pacific (excluding high income) and Korea?
- 35 years are reported by both, from 1990 to 2024.
- How do East Asia & Pacific (excluding high income) and Korea rank globally for households and npishs final consumption expenditure, ppp?
- East Asia & Pacific (excluding high income) ranks 16th and Korea ranks 17th of 43 groups.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (current 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 expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.