South Korea vs Malaysia: Goods and services expense (% of expense)
Goods and services expense (% of expense) over time
- South Korea
- Malaysia
How they compare
South Korea currently reports 12.5% against 11.6% in Malaysia, a difference of 0.9%.
That makes South Korea's figure about 1.1 times Malaysia's.
The two have swapped places 4 times across 28 shared years of data; in 1996 it was South Korea ahead.
South Korea ranks 91st and Malaysia ranks 94th of 154 countries.
Across the 4 decades both report, South Korea averaged higher in 1 and Malaysia in 3.
Head to head by decade
| Decade | South Korea | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.1% | 14.2% | 0.2% | Malaysia |
| 2000s | 10.2% | 17.9% | 7.7% | Malaysia |
| 2010s | 12.7% | 15.4% | 2.8% | Malaysia |
| 2020s | 11.6% | 10.7% | 0.8% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, South Korea or Malaysia?
- South Korea, at 12.5% against 11.6% in Malaysia as of 2023.
- What is the difference in goods and services expense between South Korea and Malaysia?
- 0.9%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Malaysia?
- 28 years are reported by both, from 1996 to 2023.
- How do South Korea and Malaysia rank globally for goods and services expense?
- South Korea ranks 91st and Malaysia ranks 94th 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.