Korea vs Lower middle income: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Korea
- Lower middle income
How they compare
Lower middle income currently reports 21.80 trillion current international $ against 1.45 trillion current international $ in Korea, a difference of 20.34 trillion current international $.
That makes Lower middle income's figure about 15.0 times Korea's.
Across all 36 years both countries report, Lower middle income has been ahead every year.
Korea ranks 17th and Lower middle income ranks 15th of 182 countries.
Lower middle income has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 312.83 billion current international $ | 2.25 trillion current international $ | 1.94 trillion current international $ | Lower middle income |
| 2000s | 593.85 billion current international $ | 4.52 trillion current international $ | 3.93 trillion current international $ | Lower middle income |
| 2010s | 897.79 billion current international $ | 9.63 trillion current international $ | 8.73 trillion current international $ | Lower middle income |
| 2020s | 1.27 trillion current international $ | 17.53 trillion current international $ | 16.26 trillion current international $ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Korea or Lower middle income?
- Lower middle income, at 21.80 trillion current international $ against 1.45 trillion current international $ in Korea as of 2025.
- What is the difference in households and npishs final consumption expenditure, ppp between Korea and Lower middle income?
- 20.34 trillion current international $, with Lower middle income ahead.
- How many years of comparable data are there for Korea and Lower middle income?
- 36 years are reported by both, from 1990 to 2025.
- How do Korea and Lower middle income rank globally for households and npishs final consumption expenditure, ppp?
- Korea ranks 17th and Lower middle income ranks 15th of 182 countries.
- 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.