Japan vs Republic of Korea: Expenditure, General government, Domestic currency
Japan
308.12 trillion
in 2031
Republic of Korea
827.28 trillion
in 2031
Japan rank
3rd
Republic of Korea rank
2nd
Expenditure, General government, Domestic currency over time
- Japan
- Republic of Korea
How they compare
Republic of Korea currently reports 827.28 trillion against 308.12 trillion in Japan, a difference of 519.16 trillion.
That makes Republic of Korea's figure about 2.7 times Japan's.
The two have swapped places 1 time across 37 shared years of data; in 1995 it was Japan ahead.
Japan ranks 3rd and Republic of Korea ranks 2nd of 26 countries.
Across the 5 decades both report, Japan averaged higher in 2 and Republic of Korea in 3.
Head to head by decade
| Decade | Japan | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 186.00 trillion | 79.68 trillion | 106.31 trillion | Japan |
| 2000s | 183.26 trillion | 175.60 trillion | 7.67 trillion | Japan |
| 2010s | 199.40 trillion | 324.99 trillion | 125.59 trillion | Republic of Korea |
| 2020s | 251.02 trillion | 632.67 trillion | 381.65 trillion | Republic of Korea |
| 2030s | 302.69 trillion | 811.63 trillion | 508.94 trillion | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expenditure, general government, domestic currency, Japan or Republic of Korea?
- Republic of Korea, at 827.28 trillion against 308.12 trillion in Japan as of 2031.
- What is the difference in expenditure, general government, domestic currency between Japan and Republic of Korea?
- 519.16 trillion, with Republic of Korea ahead.
- How many years of comparable data are there for Japan and Republic of Korea?
- 37 years are reported by both, from 1995 to 2031.
- How do Japan and Republic of Korea rank globally for expenditure, general government, domestic currency?
- Japan ranks 3rd and Republic of Korea ranks 2nd of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Expenditure, General government, Domestic currency (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.