Colombia vs South Korea: Subsidies and other transfers (current LCU)
Subsidies and other transfers (current LCU) over time
- Colombia
- South Korea
How they compare
South Korea currently reports 484.57 trillion current LCU against 346.34 trillion current LCU in Colombia, a difference of 138.23 trillion current LCU.
That makes South Korea's figure about 1.4 times Colombia's.
Across all 21 years both countries report, South Korea has been ahead every year.
Colombia ranks 3rd and South Korea ranks 2nd of 153 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.88 trillion current LCU | 45.94 trillion current LCU | 37.06 trillion current LCU | South Korea |
| 2000s | 35.07 trillion current LCU | 98.00 trillion current LCU | 62.93 trillion current LCU | South Korea |
| 2010s | 120.36 trillion current LCU | 240.27 trillion current LCU | 119.92 trillion current LCU | South Korea |
| 2020s | 282.52 trillion current LCU | 464.81 trillion current LCU | 182.29 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Colombia or South Korea?
- South Korea, at 484.57 trillion current LCU against 346.34 trillion current LCU in Colombia as of 2024.
- What is the difference in subsidies and other transfers between Colombia and South Korea?
- 138.23 trillion current LCU, with South Korea ahead.
- How many years of comparable data are there for Colombia and South Korea?
- 21 years are reported by both, from 1998 to 2024.
- How do Colombia and South Korea rank globally for subsidies and other transfers?
- Colombia ranks 3rd and South Korea ranks 2nd of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.