Belgium vs Korea: NAAG Chapter 6A: Government expenditure by function — Expenditure by
NAAG Chapter 6A: Government expenditure by function — Expenditure by over time
- Belgium
- Korea
How they compare
Belgium currently reports 54.09 Percentage of GDP against 35.6 Percentage of GDP in Korea, a difference of 18.49 Percentage of GDP.
That makes Belgium's figure about 1.5 times Korea's.
Across all 29 years both countries report, Belgium has been ahead every year.
Belgium ranks 4th and Korea ranks 2nd of 26 countries.
Belgium has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Belgium | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 51.75 Percentage of GDP | 22.13 Percentage of GDP | 29.62 Percentage of GDP | Belgium |
| 2000s | 50.36 Percentage of GDP | 26.89 Percentage of GDP | 23.46 Percentage of GDP | Belgium |
| 2010s | 54.02 Percentage of GDP | 29.26 Percentage of GDP | 24.76 Percentage of GDP | Belgium |
| 2020s | 54.68 Percentage of GDP | 35.98 Percentage of GDP | 18.7 Percentage of GDP | Belgium |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher naag chapter 6a: government expenditure by function — expenditure by, Belgium or Korea?
- Belgium, at 54.09 Percentage of GDP against 35.6 Percentage of GDP in Korea as of 2024.
- What is the difference in naag chapter 6a: government expenditure by function — expenditure by between Belgium and Korea?
- 18.49 Percentage of GDP, with Belgium ahead.
- How many years of comparable data are there for Belgium and Korea?
- 29 years are reported by both, from 1995 to 2023.
- How do Belgium and Korea rank globally for naag chapter 6a: government expenditure by function — expenditure by?
- Belgium ranks 4th and Korea ranks 2nd of 26 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as NAAG Chapter 6A: Government expenditure by function — Expenditure by function of general government. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.