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

Japan
24.54 million National currency
in 2024
Korea
113.41 million National currency
in 2023
Japan rank
2nd
Korea rank
1st

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

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

How they compare

Korea currently reports 113.41 million National currency against 24.54 million National currency in Japan, a difference of 88.87 million National currency.

That makes Korea's figure about 4.6 times Japan's.

Across all 19 years both countries report, Korea has been ahead every year.

Japan ranks 2nd 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 Japan Korea Difference Ahead
2000s 19.65 million National currency 58.32 million National currency 38.67 million National currency Korea
2010s 19.91 million National currency 75.07 million National currency 55.16 million National currency Korea
2020s 22.89 million National currency 105.34 million National currency 82.45 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, Japan or Korea?
Korea, at 113.41 million National currency against 24.54 million National currency in Japan as of 2023.
What is the difference in annual government expenditure by function (cofog) — gross fixed between Japan and Korea?
88.87 million National currency, with Korea ahead.
How many years of comparable data are there for Japan and Korea?
19 years are reported by both, from 2005 to 2023.
How do Japan and Korea rank globally for annual government expenditure by function (cofog) — gross fixed?
Japan ranks 2nd 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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Japan 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/japan/korea/

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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