Japan vs South Korea: Expenditure, General government, Domestic currency (9/26/2025)

Japan
308.12 trillion
in 2031
South Korea
827.28 trillion
in 2031
Japan rank
3rd
South Korea rank
2nd

Expenditure, General government, Domestic currency (9/26/2025) over time

  • Japan
  • South Korea
0200.0T400.0T600.0T800.0T198020052031

How they compare

South Korea currently reports 827.28 trillion against 308.12 trillion in Japan, a difference of 519.16 trillion.

That makes South 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 South Korea ranks 2nd of 26 countries.

Across the 5 decades both report, Japan averaged higher in 2 and South Korea in 3.

Head to head by decade

Decade Japan South 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 South Korea
2020s 251.02 trillion 632.67 trillion 381.65 trillion South Korea
2030s 302.69 trillion 811.63 trillion 508.94 trillion South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expenditure, general government, domestic currency, Japan or South Korea?
South 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 South Korea?
519.16 trillion, with South Korea ahead.
How many years of comparable data are there for Japan and South Korea?
37 years are reported by both, from 1995 to 2031.
How do Japan and South Korea rank globally for expenditure, general government, domestic currency?
Japan ranks 3rd and South 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.

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Japan vs South Korea: Expenditure, General government, Domestic currency. Statizoid, drawing on International Monetary Fund. Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/expenditure-general-government-domestic-currency-9-26-2025/japan/korea-rep/

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About this data

Indicator
Expenditure, General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,077 data points, 1980–2031
Last refreshed

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.