South Korea vs Lebanon: Goods and services expense

South Korea
82.27 trillion current LCU
in 2024
Lebanon
19.06 trillion current LCU
in 2024
South Korea rank
2nd
Lebanon rank
5th

Goods and services expense over time

  • South Korea
  • Lebanon
020.0T40.0T60.0T80.0T197219982024

How they compare

South Korea currently reports 82.27 trillion current LCU against 19.06 trillion current LCU in Lebanon, a difference of 63.21 trillion current LCU.

That makes South Korea's figure about 4.3 times Lebanon's.

Across all 26 years both countries report, South Korea has been ahead every year.

Globally, South Korea ranks 2nd and Lebanon ranks 5th of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.