Barbados vs South Korea: Goods and services expense
Goods and services expense over time
- Barbados
- South Korea
How they compare
Barbados currently reports 13.3% against 12.5% in South Korea, a difference of 0.8%.
That makes Barbados's figure about 1.1 times South Korea's.
The two have swapped places 1 time across 14 shared years of data; in 2003 it was Barbados ahead.
Barbados ranks 88th and South Korea ranks 91st of 154 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.4% | 9.1% | 4.2% | Barbados |
| 2010s | 13.6% | 12.9% | 0.7% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Barbados or South Korea?
- Barbados, at 13.3% against 12.5% in South Korea as of 2016.
- What is the difference in goods and services expense between Barbados and South Korea?
- 0.8%, with Barbados ahead.
- How many years of comparable data are there for Barbados and South Korea?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and South Korea rank globally for goods and services expense?
- Barbados ranks 88th and South Korea ranks 91st of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.