South Korea vs Namibia: Goods and services expense (% of expense)
South Korea
12.5%
in 2023
Namibia
12.6%
in 2023
South Korea rank
91st
Namibia rank
90th
Goods and services expense (% of expense) over time
- South Korea
- Namibia
How they compare
Namibia currently reports 12.6% against 12.5% in South Korea, a difference of 0.1%.
The two have swapped places 2 times across 27 shared years of data; in 1991 it was Namibia ahead.
South Korea ranks 91st and Namibia ranks 90th of 154 countries.
Namibia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Namibia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 18.9% | 27.6% | 8.7% | Namibia |
| 2000s | 10.2% | 19.9% | 9.7% | Namibia |
| 2010s | 12.7% | 15.1% | 2.4% | Namibia |
| 2020s | 11.6% | 12.5% | 0.9% | Namibia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, South Korea or Namibia?
- Namibia, at 12.6% against 12.5% in South Korea as of 2023.
- What is the difference in goods and services expense between South Korea and Namibia?
- 0.1%, with Namibia ahead.
- How many years of comparable data are there for South Korea and Namibia?
- 27 years are reported by both, from 1991 to 2023.
- How do South Korea and Namibia rank globally for goods and services expense?
- South Korea ranks 91st and Namibia ranks 90th 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.