Colombia vs Korea: Annual government expenditure by function (COFOG) — Gross fixed
Annual government expenditure by function (COFOG) — Gross fixed over time
- Colombia
- Korea
How they compare
Korea currently reports 113.41 million National currency against 48.74 million National currency in Colombia, a difference of 64.67 million National currency.
That makes Korea's figure about 2.3 times Colombia's.
Across all 15 years both countries report, Korea has been ahead every year.
Colombia ranks 1st and Korea ranks 1st of 27 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Colombia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 16.12 million National currency | 77.21 million National currency | 61.08 million National currency | Korea |
| 2010s | 27.40 million National currency | 75.07 million National currency | 47.67 million National currency | Korea |
| 2020s | 36.03 million National currency | 105.34 million National currency | 69.31 million National currency | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher annual government expenditure by function (cofog) — gross fixed, Colombia or Korea?
- Korea, at 113.41 million National currency against 48.74 million National currency in Colombia as of 2023.
- What is the difference in annual government expenditure by function (cofog) — gross fixed between Colombia and Korea?
- 64.67 million National currency, with Korea ahead.
- How many years of comparable data are there for Colombia and Korea?
- 15 years are reported by both, from 2009 to 2023.
- How do Colombia and Korea rank globally for annual government expenditure by function (cofog) — gross fixed?
- Colombia ranks 1st and Korea ranks 1st of 27 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Annual government expenditure by function (COFOG) — Gross fixed capital formation. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This table provides a breakdown of government expenditure according to the Classification of the Functions of Government (COFOG), which shows how much governments spend in areas such as health, education, environmental protection, defence and servicing public debt. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. Data are also available, for most countries, for the sub-sectors of general government. Specific categories of expenditure (such as health and education) can be selected using the ‘Expenditure’ filter, while details of the type of expenditure such as compensation of employees (payment of wages and salaries and employers’ social contributions) can be selected using the ‘Transaction’ filter. For government final consumption expenditure a breakdown is also provided, in the ‘Transaction’ filter, between individual and collective consumption expenditure. Data is for General Government. For most countries, results are also available for the General Government sub-sectors: central, local and state (regional) government and social security. These sub-sectors can be selected using the ‘Institutional sector’ filter. These indicators were presented in the previous dissemination system in the SNA_TABLE11 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org