South Korea vs Lebanon: Goods and services expense (current LCU)
Goods and services expense (current LCU) over time
- South Korea
- Lebanon
How they compare
South Korea currently reports 82.27 trillion current LCU against 19.06 trillion current LCU in Lebanon, a difference of 63.21 trillion current LCU.
That makes South Korea's figure about 4.3 times Lebanon's.
Across all 26 years both countries report, South Korea has been ahead every year.
South Korea ranks 2nd and Lebanon ranks 5th of 155 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.82 trillion current LCU | 864.34 billion current LCU | 9.96 trillion current LCU | South Korea |
| 2000s | 15.99 trillion current LCU | 297.74 billion current LCU | 15.69 trillion current LCU | South Korea |
| 2010s | 48.48 trillion current LCU | 735.27 billion current LCU | 47.74 trillion current LCU | South Korea |
| 2020s | 73.78 trillion current LCU | 6.85 trillion current LCU | 66.94 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, South Korea or Lebanon?
- South Korea, at 82.27 trillion current LCU against 19.06 trillion current LCU in Lebanon as of 2024.
- What is the difference in goods and services expense between South Korea and Lebanon?
- 63.21 trillion current LCU, with South Korea ahead.
- How many years of comparable data are there for South Korea and Lebanon?
- 26 years are reported by both, from 1997 to 2024.
- How do South Korea and Lebanon rank globally for goods and services expense?
- South Korea ranks 2nd and Lebanon ranks 5th 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.