Republic of Korea vs Russian Federation: Total Expenditure (central government) — Value US$
Total Expenditure (central government) — Value US$ over time
- Republic of Korea
- Russian Federation
How they compare
Republic of Korea currently reports 440,599 million USD against 431,018 million USD in Russian Federation, a difference of 9,581 million USD.
The two have swapped places 2 times across 23 shared years of data; in 2001 it was Republic of Korea ahead.
Republic of Korea ranks 9th and Russian Federation ranks 11th of 173 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 1 and Russian Federation in 2.
Head to head by decade
| Decade | Republic of Korea | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 170,309 million USD | 171,846 million USD | 1,537 million USD | Russian Federation |
| 2010s | 297,124 million USD | 346,631 million USD | 49,508 million USD | Russian Federation |
| 2020s | 468,000 million USD | 390,532 million USD | 77,468 million USD | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (central government) — value us$, Republic of Korea or Russian Federation?
- Republic of Korea, at 440,599 million USD against 431,018 million USD in Russian Federation as of 2023.
- What is the difference in total expenditure (central government) — value us$ between Republic of Korea and Russian Federation?
- 9,581 million USD, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Russian Federation?
- 23 years are reported by both, from 2001 to 2023.
- How do Republic of Korea and Russian Federation rank globally for total expenditure (central government) — value us$?
- Republic of Korea ranks 9th and Russian Federation ranks 11th of 173 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (central government) — Value US$. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.