Republic of Korea vs Viet Nam: Forestry (central government expenditure) — Value Standard Local
Forestry (central government expenditure) — Value Standard Local over time
- Republic of Korea
- Viet Nam
How they compare
Republic of Korea currently reports 2.38 million million SLC against 509,000 million SLC in Viet Nam, a difference of 1.87 million million SLC.
That makes Republic of Korea's figure about 4.7 times Viet Nam's.
Across all 17 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 2nd and Viet Nam ranks 1st of 66 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.07 million million SLC | 245,822 million SLC | 828,928 million SLC | Republic of Korea |
| 2010s | 1.58 million million SLC | 846,697 million SLC | 729,246 million SLC | Republic of Korea |
| 2020s | 2.09 million million SLC | 567,667 million SLC | 1.52 million million SLC | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher forestry (central government expenditure) — value standard local, Republic of Korea or Viet Nam?
- Republic of Korea, at 2.38 million million SLC against 509,000 million SLC in Viet Nam as of 2023.
- What is the difference in forestry (central government expenditure) — value standard local between Republic of Korea and Viet Nam?
- 1.87 million million SLC, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Viet Nam?
- 17 years are reported by both, from 2006 to 2022.
- How do Republic of Korea and Viet Nam rank globally for forestry (central government expenditure) — value standard local?
- Republic of Korea ranks 2nd and Viet Nam ranks 1st of 66 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Forestry (central government expenditure) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.