Republic of Korea vs Norway: Subsidies and other transfers
Subsidies and other transfers over time
- Republic of Korea
- Norway
How they compare
Republic of Korea currently reports 68.5% against 64.3% in Norway, a difference of 4.2%.
That makes Republic of Korea's figure about 1.1 times Norway's.
The two have swapped places 3 times across 37 shared years of data; in 1987 it was Norway ahead.
Republic of Korea ranks 17th and Norway ranks 19th of 152 countries.
Across the 5 decades both report, Republic of Korea averaged higher in 1 and Norway in 4.
Head to head by decade
| Decade | Republic of Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.1% | 13.1% | 9.0% | Norway |
| 1990s | 58.9% | 71.4% | 12.6% | Norway |
| 2000s | 55.2% | 64.6% | 9.4% | Norway |
| 2010s | 62.4% | 66.0% | 3.6% | Norway |
| 2020s | 70.2% | 64.6% | 5.5% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, Republic of Korea or Norway?
- Republic of Korea, at 68.5% against 64.3% in Norway as of 2023.
- What is the difference in subsidies and other transfers between Republic of Korea and Norway?
- 4.2%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Norway?
- 37 years are reported by both, from 1987 to 2023.
- How do Republic of Korea and Norway rank globally for subsidies and other transfers?
- Republic of Korea ranks 17th and Norway ranks 19th of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Subsidies and other transfers (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.