Indonesia vs South Korea: Goods and services expense
Goods and services expense over time
- Indonesia
- South Korea
How they compare
South Korea currently reports 82.27 trillion current LCU against 80.66 trillion current LCU in Indonesia, a difference of 1.60 trillion current LCU.
The two have swapped places 3 times across 33 shared years of data; in 1972 it was South Korea ahead.
Indonesia ranks 3rd and South Korea ranks 2nd of 155 countries.
Across the 4 decades both report, Indonesia averaged higher in 2 and South Korea in 2.
Head to head by decade
| Decade | Indonesia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 509.62 billion current LCU | 662.00 billion current LCU | 152.38 billion current LCU | South Korea |
| 1980s | 1.89 trillion current LCU | 3.52 trillion current LCU | 1.63 trillion current LCU | South Korea |
| 1990s | 9.76 trillion current LCU | 9.16 trillion current LCU | 590.95 billion current LCU | Indonesia |
| 2000s | 44.46 trillion current LCU | 16.97 trillion current LCU | 27.49 trillion current LCU | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Indonesia or South Korea?
- South Korea, at 82.27 trillion current LCU against 80.66 trillion current LCU in Indonesia as of 2024.
- What is the difference in goods and services expense between Indonesia and South Korea?
- 1.60 trillion current LCU, with South Korea ahead.
- How many years of comparable data are there for Indonesia and South Korea?
- 33 years are reported by both, from 1972 to 2009.
- How do Indonesia and South Korea rank globally for goods and services expense?
- Indonesia ranks 3rd and South Korea ranks 2nd of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.