Indonesia vs South Korea: Final consumption expenditure
Final consumption expenditure over time
- Indonesia
- South Korea
How they compare
Indonesia currently reports 14,950.60 trillion current LCU against 1,749.01 trillion current LCU in South Korea, a difference of 13,201.59 trillion current LCU.
That makes Indonesia's figure about 8.5 times South Korea's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Indonesia ahead.
Globally, Indonesia ranks 2nd and South Korea ranks 5th of 187 countries.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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.