South Korea vs Norway: Subsidies and other transfers (% of expense)
Subsidies and other transfers (% of expense) over time
- South Korea
- Norway
How they compare
South Korea currently reports 68.5% against 64.3% in Norway, a difference of 4.2%.
That makes South 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.
South Korea ranks 17th and Norway ranks 19th of 152 countries.
Across the 5 decades both report, South Korea averaged higher in 1 and Norway in 4.
Head to head by decade
| Decade | South 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% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher subsidies and other transfers, South Korea or Norway?
- South Korea, at 68.5% against 64.3% in Norway as of 2023.
- What is the difference in subsidies and other transfers between South Korea and Norway?
- 4.2%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Norway?
- 37 years are reported by both, from 1987 to 2023.
- How do South Korea and Norway rank globally for subsidies and other transfers?
- South 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.