Netherlands (Kingdom of the) vs Republic of Korea: Total Expenditure (general government) — Value US$, 2015 prices
Total Expenditure (general government) — Value US$, 2015 prices over time
- Netherlands (Kingdom of the)
- Republic of Korea
How they compare
Republic of Korea currently reports 455,417 million USD against 406,060 million USD in Netherlands (Kingdom of the), a difference of 49,357 million USD.
That makes Republic of Korea's figure about 1.1 times Netherlands (Kingdom of the)'s.
The two have swapped places 1 time across 9 shared years of data; in 2007 it was Netherlands (Kingdom of the) ahead.
Netherlands (Kingdom of the) ranks 14th and Republic of Korea ranks 13th of 114 countries.
Across the 2 decades both report, Netherlands (Kingdom of the) averaged higher in 1 and Republic of Korea in 1.
Head to head by decade
| Decade | Netherlands (Kingdom of the) | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 328,079 million USD | 279,062 million USD | 49,017 million USD | Netherlands (Kingdom of the) |
| 2010s | 346,758 million USD | 395,073 million USD | 48,315 million USD | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value us$, 2015 prices, Netherlands (Kingdom of the) or Republic of Korea?
- Republic of Korea, at 455,417 million USD against 406,060 million USD in Netherlands (Kingdom of the) as of 2015.
- What is the difference in total expenditure (general government) — value us$, 2015 prices between Netherlands (Kingdom of the) and Republic of Korea?
- 49,357 million USD, with Republic of Korea ahead.
- How many years of comparable data are there for Netherlands (Kingdom of the) and Republic of Korea?
- 9 years are reported by both, from 2007 to 2015.
- How do Netherlands (Kingdom of the) and Republic of Korea rank globally for total expenditure (general government) — value us$, 2015 prices?
- Netherlands (Kingdom of the) ranks 14th and Republic of Korea ranks 13th of 114 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value US$, 2015 prices. 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.