ChartBasis

Government expense to GDP in South Korea

Latest: 28.3%
Previous: 31.3%
Change: -2.98 (-9.5%)
Reference period: Dec 31, 2023
Frequency: Annual
Unit: Percent

Government expense to GDP over time

Annual, Percent, Not seasonally adjusted

Source: World Bank

Observations for Government expense to GDP in South Korea
Date	Value
Dec 31, 1966	—
Dec 31, 1967	—
Dec 31, 1968	—
Dec 31, 1969	—
Dec 31, 1970	—
Dec 31, 1971	—
Dec 31, 1972	15.3%
Dec 31, 1973	11.2%
Dec 31, 1974	12.2%
Dec 31, 1975	13.6%
Dec 31, 1976	14.3%
Dec 31, 1977	13.4%
Dec 31, 1978	13.4%
Dec 31, 1979	14.4%
Dec 31, 1980	14.8%
Dec 31, 1981	14.6%
Dec 31, 1982	15.6%
Dec 31, 1983	13.9%
Dec 31, 1984	13.4%
Dec 31, 1985	13.6%
Dec 31, 1986	12.9%
Dec 31, 1987	12.3%
Dec 31, 1988	11.9%
Dec 31, 1989	12.7%
Dec 31, 1990	12.9%
Dec 31, 1991	12.8%
Dec 31, 1992	13.0%
Dec 31, 1993	12.7%
Dec 31, 1994	12.8%
Dec 31, 1995	12.6%
Dec 31, 1996	12.8%
Dec 31, 1997	12.6%
Dec 31, 1998	14.7%
Dec 31, 1999	14.3%
Dec 31, 2000	14.8%
Dec 31, 2001	15.8%
Dec 31, 2002	14.9%
Dec 31, 2003	16.7%
Dec 31, 2004	16.5%
Dec 31, 2005	17.1%
Dec 31, 2006	17.8%
Dec 31, 2007	17.3%
Dec 31, 2008	17.6%
Dec 31, 2009	18.5%
Dec 31, 2010	16.9%
Dec 31, 2011	17.4%
Dec 31, 2012	23.6%
Dec 31, 2013	23.0%
Dec 31, 2014	22.5%
Dec 31, 2015	22.4%
Dec 31, 2016	22.3%
Dec 31, 2017	22.7%
Dec 31, 2018	23.6%
Dec 31, 2019	25.9%
Dec 31, 2020	28.0%
Dec 31, 2021	28.5%
Dec 31, 2022	31.3%
Dec 31, 2023	28.3%
Dec 31, 2024	—
Dec 31, 2025	—

About this indicator

Source: World Bank (opens in a new tab)

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