China vs Korea, Republic of: Annual government deficit/surplus, revenue, expenditure and main
China
13.10 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2023
Korea, Republic of
247.05 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2024
China rank
2nd
Korea, Republic of rank
1st
Annual government deficit/surplus, revenue, expenditure and main over time
- China
- Korea, Republic of
How they compare
Korea, Republic of currently reports 247.05 million Domestic currency (incl. conversion to current currency made using a fixed parit against 13.10 million Domestic currency (incl. conversion to current currency made using a fixed parit in China, a difference of 233.95 million Domestic currency (incl. conversion to current currency made using a fixed parit.
That makes Korea, Republic of's figure about 18.9 times China's.
Across all 32 years both countries report, Korea, Republic of has been ahead every year.
China ranks 2nd and Korea, Republic of ranks 1st of 8 countries.
Korea, Republic of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | China | Korea, Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 517,845 Domestic currency (incl. conversion to current currency made using a fixed parit | 35.35 million Domestic currency (incl. conversion to current currency made using a fixed parit | 34.83 million Domestic currency (incl. conversion to current currency made using a fixed parit | Korea, Republic of |
| 2000s | 1.83 million Domestic currency (incl. conversion to current currency made using a fixed parit | 79.84 million Domestic currency (incl. conversion to current currency made using a fixed parit | 78.00 million Domestic currency (incl. conversion to current currency made using a fixed parit | Korea, Republic of |
| 2010s | 6.83 million Domestic currency (incl. conversion to current currency made using a fixed parit | 148.07 million Domestic currency (incl. conversion to current currency made using a fixed parit | 141.24 million Domestic currency (incl. conversion to current currency made using a fixed parit | Korea, Republic of |
| 2020s | 12.07 million Domestic currency (incl. conversion to current currency made using a fixed parit | 217.03 million Domestic currency (incl. conversion to current currency made using a fixed parit | 204.97 million Domestic currency (incl. conversion to current currency made using a fixed parit | Korea, Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual government deficit/surplus, revenue, expenditure and main, China or Korea, Republic of?
- Korea, Republic of, at 247.05 million Domestic currency (incl. conversion to current currency made using a fixed parit against 13.10 million Domestic currency (incl. conversion to current currency made using a fixed parit in China as of 2024.
- What is the difference in annual government deficit/surplus, revenue, expenditure and main between China and Korea, Republic of?
- 233.95 million Domestic currency (incl. conversion to current currency made using a fixed parit, with Korea, Republic of ahead.
- How many years of comparable data are there for China and Korea, Republic of?
- 32 years are reported by both, from 1992 to 2023.
- How do China and Korea, Republic of rank globally for annual government deficit/surplus, revenue, expenditure and main?
- China ranks 2nd and Korea, Republic of ranks 1st of 8 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual government deficit/surplus, revenue, expenditure and main aggregates IDC. Statizoid refreshes it automatically from the source and publishes the full history for both places.