Colombia vs South Korea: Expense
Colombia
528.23 trillion current LCU
in 2023
South Korea
682.20 trillion current LCU
in 2023
Colombia rank
4th
South Korea rank
3rd
Expense over time
- Colombia
- South Korea
How they compare
South Korea currently reports 682.20 trillion current LCU against 528.23 trillion current LCU in Colombia, a difference of 153.97 trillion current LCU.
That makes South Korea's figure about 1.3 times Colombia's.
Across all 20 years both countries report, South Korea has been ahead every year.
Colombia ranks 4th and South Korea ranks 3rd of 157 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.33 trillion current LCU | 84.93 trillion current LCU | 54.60 trillion current LCU | South Korea |
| 2000s | 87.92 trillion current LCU | 172.31 trillion current LCU | 84.40 trillion current LCU | South Korea |
| 2010s | 226.70 trillion current LCU | 381.06 trillion current LCU | 154.36 trillion current LCU | South Korea |
| 2020s | 448.76 trillion current LCU | 655.17 trillion current LCU | 206.40 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Colombia or South Korea?
- South Korea, at 682.20 trillion current LCU against 528.23 trillion current LCU in Colombia as of 2023.
- What is the difference in expense between Colombia and South Korea?
- 153.97 trillion current LCU, with South Korea ahead.
- How many years of comparable data are there for Colombia and South Korea?
- 20 years are reported by both, from 1998 to 2023.
- How do Colombia and South Korea rank globally for expense?
- Colombia ranks 4th and South Korea ranks 3rd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.