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Economy & public finances

South Korea — Public spending

Total government spending relative to GDP; gauges the weight of the state in the economy.
28.3% GDP
2023
−3.0 ptsvs 2022
min 14.8 2000max 31.3 2022
% GDP
Range
Source: World Bank· Data 2023
Upd. 10/2026 · Y-axis truncated
Source