Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2023-12-31
Korea, Rep.'s government spending stands at 28.32% as of 2023-12-31, down from 31.3% in 2022. Historical data runs from 1972 to 2023 (52 observations).
In 2023, Korea, Rep.'s government spending was 28.32%, down from 31.3% in 2022.
In 2022, Korea, Rep.'s government spending was 31.3%, up from 28.55% in 2021.
In 2021, Korea, Rep.'s government spending was 28.55%, up from 28.03% in 2020.
In 2020, Korea, Rep.'s government spending was 28.03%, up from 25.95% in 2019.
In 2019, Korea, Rep.'s government spending was 25.95%, up from 23.57% in 2018.
| Year | Value | Change |
|---|---|---|
| 2023 | 28.32% | -2.98% |
| 2022 | 31.3% | +2.75% |
| 2021 | 28.55% | +0.5208% |
| 2020 | 28.03% | +2.08% |
| 2019 | 25.95% | +2.38% |
| 2018 | 23.57% | +0.8253% |
| 2017 | 22.74% | +0.4204% |
| 2016 | 22.32% | -0.0511% |
| 2015 | 22.37% | -0.157% |
| 2014 | 22.53% | -0.4302% |
| 2013 | 22.96% | -0.6166% |
| 2012 | 23.58% | +6.19% |
| 2011 | 17.39% | +0.4884% |
| 2010 | 16.9% | -1.63% |
| 2009 | 18.53% | +0.9593% |
| 2008 | 17.57% | +0.2666% |
| 2007 | 17.31% | -0.5329% |
| 2006 | 17.84% | +0.6972% |
| 2005 | 17.14% | +0.6023% |
| 2004 | 16.54% | -0.1468% |
| 2003 | 16.69% | +1.79% |
| 2002 | 14.9% | -0.8592% |
| 2001 | 15.76% | +0.9159% |
| 2000 | 14.84% | +0.5196% |
| 1999 | 14.32% | -0.4151% |
| 1998 | 14.74% | +2.12% |
| 1997 | 12.62% | -0.1883% |
| 1996 | 12.81% | +0.1966% |
| 1995 | 12.61% | -0.1476% |
| 1994 | 12.76% | +0.0624% |
| 1993 | 12.7% | -0.3053% |
| 1992 | 13% | +0.2167% |
| 1991 | 12.79% | -0.0789% |
| 1990 | 12.86% | +0.1325% |
| 1989 | 12.73% | +0.8627% |
| 1988 | 11.87% | -0.4304% |
| 1987 | 12.3% | -0.5972% |
| 1986 | 12.9% | -0.6645% |
| 1985 | 13.56% | +0.1691% |
| 1984 | 13.39% | -0.4805% |
| 1983 | 13.87% | -1.73% |
| 1982 | 15.6% | +0.9944% |
| 1981 | 14.61% | -0.1423% |
| 1980 | 14.75% | +0.3458% |
| 1979 | 14.41% | +1.03% |
| 1978 | 13.38% | -0.0272% |
| 1977 | 13.41% | -0.9329% |
| 1976 | 14.34% | +0.7165% |
| 1975 | 13.62% | +1.46% |
| 1974 | 12.16% | +1.01% |
| 1973 | 11.15% | -4.15% |
| 1972 | 15.31% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Korea, Rep.'s government spending is 28.32% as of 2023-12-31, compared with 31.3% in 2022. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 31.3% (2022); the lowest is 11.15% (1973), across data from 1972 to 2023.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.