Statizoid

Australia vs South Korea: Gross national expenditure

Australia
1.79 trillion current US$
in 2025
South Korea
1.78 trillion current US$
in 2025
Australia rank
14th
South Korea rank
15th

Gross national expenditure over time

  • Australia
  • South Korea
0500.0B1.0T1.5T2.0T196019922025

How they compare

Australia currently reports 1.79 trillion current US$ against 1.78 trillion current US$ in South Korea, a difference of 13.86 billion current US$.

The two have swapped places 6 times across 66 shared years of data; in 1960 it was Australia ahead.

Globally, Australia ranks 14th and South Korea ranks 15th of 185 countries.

Individual pages

About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.