South Korea vs Vietnam: Final consumption expenditure
Final consumption expenditure over time
- South Korea
- Vietnam
How they compare
Vietnam currently reports 8,041.01 trillion current LCU against 1,749.01 trillion current LCU in South Korea, a difference of 6,292.00 trillion current LCU.
That makes Vietnam's figure about 4.6 times South Korea's.
The two have swapped places 1 time across 31 shared years of data; in 1995 it was South Korea ahead.
Globally, South Korea ranks 5th and Vietnam ranks 3rd 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.