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Economy > Spending > Gross national expenditure Stats: compare key data on South Korea & United Kingdom

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Definitions

  • % of GDP: Gross national expenditure (% of GDP). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).
  • Constant 2000 US$: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: Gross national expenditure (constant 2000 US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: Gross national expenditure (constant LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency.
  • Constant LCU per capita: Gross national expenditure (constant LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: Gross national expenditure (current LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.
  • Current LCU per capita: Gross national expenditure (current LCU). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.
  • Current US$ per capita: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: Gross national expenditure (current US$). Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT South Korea United Kingdom HISTORY
% of GDP 96.92%
Ranked 105th.
102.21%
Ranked 75th. 5% more than South Korea

Constant 2000 US$ $977.11 billion
Ranked 15th.
$2.41 trillion
Ranked 6th. 2 times more than South Korea

Constant 2000 US$ per capita $19,540.69
Ranked 29th.
$38,086.08
Ranked 9th. 95% more than South Korea

Constant 2000 US$, % of GDP 86.5%
Ranked 28th.
98.89%
Ranked 9th. 14% more than South Korea

Constant LCU 1,000.68 trillion
Ranked 3rd. 756 times more than United Kingdom
1.32 trillion
Ranked 46th.

Constant LCU per capita 20.01 million
Ranked 2nd. 955 times more than United Kingdom
20,947.27
Ranked 76th.

Current LCU 1,233.28 trillion
Ranked 3rd. 771 times more than United Kingdom
1.6 trillion
Ranked 60th.

Current LCU per capita 24.66 million
Ranked 5th. 975 times more than United Kingdom
25,294.06
Ranked 102nd.

Current US$ $1.09 trillion
Ranked 16th.
$2.53 trillion
Ranked 7th. 2 times more than South Korea

Current US$ per capita $21,894.57
Ranked 28th.
$39,959.02
Ranked 16th. 83% more than South Korea

Current US$, % of GDP 96.92%
Ranked 110th.
103.75%
Ranked 76th. 7% more than South Korea

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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