Republic of Korea vs Russian Federation: Total Expenditure (general government) — Value US$, 2015 prices
Total Expenditure (general government) — Value US$, 2015 prices over time
- Republic of Korea
- Russian Federation
How they compare
Russian Federation currently reports 612,380 million USD against 455,417 million USD in Republic of Korea, a difference of 156,963 million USD.
That makes Russian Federation's figure about 1.3 times Republic of Korea's.
Across all 9 years both countries report, Russian Federation has been ahead every year.
Republic of Korea ranks 13th and Russian Federation ranks 11th of 114 countries.
Russian Federation has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Republic of Korea | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 279,062 million USD | 540,300 million USD | 261,238 million USD | Russian Federation |
| 2010s | 395,073 million USD | 530,776 million USD | 135,703 million USD | Russian Federation |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value us$, 2015 prices, Republic of Korea or Russian Federation?
- Russian Federation, at 612,380 million USD against 455,417 million USD in Republic of Korea as of 2024.
- What is the difference in total expenditure (general government) — value us$, 2015 prices between Republic of Korea and Russian Federation?
- 156,963 million USD, with Russian Federation ahead.
- How many years of comparable data are there for Republic of Korea and Russian Federation?
- 9 years are reported by both, from 2007 to 2015.
- How do Republic of Korea and Russian Federation rank globally for total expenditure (general government) — value us$, 2015 prices?
- Republic of Korea ranks 13th and Russian Federation ranks 11th of 114 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value US$, 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.