Hungary vs Korea: Annual government expenditure by function (COFOG) — Gross fixed

Hungary
3.46 million National currency
in 2024
Korea
113.41 million National currency
in 2023
Hungary rank
3rd
Korea rank
1st

Annual government expenditure by function (COFOG) — Gross fixed over time

  • Hungary
  • Korea
025.0M50.0M75.0M100.0M125.0M197019972024

How they compare

Korea currently reports 113.41 million National currency against 3.46 million National currency in Hungary, a difference of 109.95 million National currency.

That makes Korea's figure about 32.7 times Hungary's.

Across all 29 years both countries report, Korea has been ahead every year.

Hungary ranks 3rd and Korea ranks 1st of 27 countries.

Korea has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Hungary Korea Difference Ahead
1990s 236,505 National currency 28.68 million National currency 28.45 million National currency Korea
2000s 853,930 National currency 50.01 million National currency 49.15 million National currency Korea
2010s 1.68 million National currency 75.07 million National currency 73.39 million National currency Korea
2020s 3.49 million National currency 105.34 million National currency 101.85 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, Hungary or Korea?
Korea, at 113.41 million National currency against 3.46 million National currency in Hungary as of 2023.
What is the difference in annual government expenditure by function (cofog) — gross fixed between Hungary and Korea?
109.95 million National currency, with Korea ahead.
How many years of comparable data are there for Hungary and Korea?
29 years are reported by both, from 1995 to 2023.
How do Hungary and Korea rank globally for annual government expenditure by function (cofog) — gross fixed?
Hungary ranks 3rd 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.

Individual pages

Share, cite or embed this page

Cite this page

Hungary vs Korea: Annual government expenditure by function (COFOG) — Gross fixed. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 28 August 2026, from https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/hungary/korea/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under OECD Terms and Conditions (attribution required); please keep the attribution.

<a href="https://public-sector.statizoid.com/compare/annual-government-expenditure-by-function-cofog-gross-fixed-capital-formation/hungary/korea/">Hungary vs Korea: Annual government expenditure by function (COFOG) — Gross fixed</a> — Statizoid

About this data

Indicator
Annual government expenditure by function (COFOG) — Gross fixed capital formation
Unit
National currency
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,116 data points, 1970–2025
Last refreshed

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