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Economy > Spending > General government final consumption expenditure Stats: compare key data on South Korea & Vietnam

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Definitions

  • % of GDP: General government final consumption expenditure (% of GDP). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
  • Annual % growth: General government final consumption expenditure (annual % growth). Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2005 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.
  • Constant 2000 US$: General government final consumption expenditure (constant 2000 US$). Agriculture value added per worker is a measure of agricultural productivity. Value added in agriculture measures the output of the agricultural sector (ISIC divisions 1-5) less the value of intermediate inputs. Agriculture comprises value added from forestry, hunting, and fishing as well as cultivation of crops and livestock production. Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: General government final consumption expenditure (constant 2000 US$). Agriculture value added per worker is a measure of agricultural productivity. Value added in agriculture measures the output of the agricultural sector (ISIC divisions 1-5) less the value of intermediate inputs. Agriculture comprises value added from forestry, hunting, and fishing as well as cultivation of crops and livestock production. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: General government final consumption expenditure (constant 2000 US$). Agriculture value added per worker is a measure of agricultural productivity. Value added in agriculture measures the output of the agricultural sector (ISIC divisions 1-5) less the value of intermediate inputs. Agriculture comprises value added from forestry, hunting, and fishing as well as cultivation of crops and livestock production. Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: General government final consumption expenditure (constant LCU). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.
  • Constant LCU per capita: General government final consumption expenditure (constant LCU). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: General government final consumption expenditure (current LCU). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.
  • Current LCU per capita: General government final consumption expenditure (current LCU). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: General government final consumption expenditure (current US$). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
  • Current US$ per capita: General government final consumption expenditure (current US$). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: General government final consumption expenditure (current US$). General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT South Korea Vietnam HISTORY
% of GDP 15.83%
Ranked 66th. 3 times more than Vietnam
5.93%
Ranked 129th.

Annual % growth 3.86%
Ranked 45th.
7.4%
Ranked 24th. 92% more than South Korea

Constant 2000 US$ $158.18 billion
Ranked 13th. 28 times more than Vietnam
$5.55 billion
Ranked 59th.

Constant 2000 US$ per capita $3,163.31
Ranked 29th. 51 times more than Vietnam
$62.53
Ranked 95th.

Constant 2000 US$, % of GDP 14%
Ranked 34th. 4 times more than Vietnam
3.92%
Ranked 98th.

Constant LCU 161.99 trillion
Ranked 2nd. 9% more than Vietnam
148.48 trillion
Ranked 3rd.

Constant LCU per capita 3.24 million
Ranked 1st. 94% more than Vietnam
1.67 million
Ranked 2nd.

Current LCU 201.48 trillion
Ranked 2nd. 5% more than Vietnam
192.36 trillion
Ranked 3rd.

Current LCU per capita 4.03 million
Ranked 2nd. 86% more than Vietnam
2.17 million
Ranked 6th.

Current US$ $178.86 billion
Ranked 16th. 19 times more than Vietnam
$9.24 billion
Ranked 58th.

Current US$ per capita $3,576.83
Ranked 30th. 34 times more than Vietnam
$104.03
Ranked 114th.

Current US$, % of GDP 15.83%
Ranked 67th. 2 times more than Vietnam
6.52%
Ranked 124th.

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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