Japan vs South Korea: Expense
Japan
117.32 trillion current LCU
in 2022
South Korea
682.20 trillion current LCU
in 2023
Japan rank
6th
South Korea rank
3rd
Expense over time
- Japan
- South Korea
How they compare
South Korea currently reports 682.20 trillion current LCU against 117.32 trillion current LCU in Japan, a difference of 564.88 trillion current LCU.
That makes South Korea's figure about 5.8 times Japan's.
The two have swapped places 1 time across 48 shared years of data; in 1972 it was Japan ahead.
Japan ranks 6th and South Korea ranks 3rd of 157 countries.
Across the 6 decades both report, Japan averaged higher in 3 and South Korea in 3.
Head to head by decade
| Decade | Japan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 22.87 trillion current LCU | 2.07 trillion current LCU | 20.81 trillion current LCU | Japan |
| 1980s | 51.56 trillion current LCU | 12.37 trillion current LCU | 39.19 trillion current LCU | Japan |
| 1990s | 82.41 trillion current LCU | 62.63 trillion current LCU | 19.78 trillion current LCU | Japan |
| 2000s | 83.04 trillion current LCU | 163.54 trillion current LCU | 80.49 trillion current LCU | South Korea |
| 2010s | 90.66 trillion current LCU | 381.06 trillion current LCU | 290.40 trillion current LCU | South Korea |
| 2020s | 121.42 trillion current LCU | 646.15 trillion current LCU | 524.73 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Japan or South Korea?
- South Korea, at 682.20 trillion current LCU against 117.32 trillion current LCU in Japan as of 2023.
- What is the difference in expense between Japan and South Korea?
- 564.88 trillion current LCU, with South Korea ahead.
- How many years of comparable data are there for Japan and South Korea?
- 48 years are reported by both, from 1972 to 2022.
- How do Japan and South Korea rank globally for expense?
- Japan ranks 6th 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.