Republic of Korea vs Nicaragua: Wage bill as a percentage of GDP
Republic of Korea
6.9%
in 2019
Nicaragua
6.6%
in 2022
Republic of Korea rank
115th
Nicaragua rank
118th
Wage bill as a percentage of GDP over time
- Republic of Korea
- Nicaragua
How they compare
Republic of Korea currently reports 6.9% against 6.6% in Nicaragua, a difference of 0.3%.
The two have swapped places 1 time across 20 shared years of data; in 2000 it was Republic of Korea ahead.
Republic of Korea ranks 115th and Nicaragua ranks 118th of 191 countries.
Across the 2 decades both report, Republic of Korea averaged higher in 1 and Nicaragua in 1.
Head to head by decade
| Decade | Republic of Korea | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.3% | 5.5% | 0.8% | Republic of Korea |
| 2010s | 6.4% | 6.7% | 0.4% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wage bill as a percentage of gdp, Republic of Korea or Nicaragua?
- Republic of Korea, at 6.9% against 6.6% in Nicaragua as of 2019.
- What is the difference in wage bill as a percentage of gdp between Republic of Korea and Nicaragua?
- 0.3%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Nicaragua?
- 20 years are reported by both, from 2000 to 2019.
- How do Republic of Korea and Nicaragua rank globally for wage bill as a percentage of gdp?
- Republic of Korea ranks 115th and Nicaragua ranks 118th of 191 countries.
- Where does this data come from?
- The World Bank, published as Wage bill as a percentage of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.