Public spending (South Korea): 28.3 % GDP in 2023, the latest available value.
24 observations from 2000 to 2023. Source: World Bank.
Total government spending relative to GDP; gauges the weight of the state in the economy.
| Period | Value |
|---|---|
| 2023 | 28.3 % GDP |
| 2022 | 31.3 % GDP |
| 2021 | 28.5 % GDP |
| 2020 | 28 % GDP |
| 2019 | 25.9 % GDP |
| 2018 | 23.6 % GDP |
| 2017 | 22.7 % GDP |
| 2016 | 22.3 % GDP |
| 2015 | 22.4 % GDP |
| 2014 | 22.5 % GDP |
| 2013 | 23 % GDP |
| 2012 | 23.6 % GDP |
| 2011 | 17.4 % GDP |
| 2010 | 16.9 % GDP |
| 2009 | 18.5 % GDP |
| 2008 | 17.6 % GDP |
| 2007 | 17.3 % GDP |
| 2006 | 17.8 % GDP |
| 2005 | 17.1 % GDP |
| 2004 | 16.5 % GDP |
| 2003 | 16.7 % GDP |
| 2002 | 14.9 % GDP |
| 2001 | 15.8 % GDP |
| 2000 | 14.8 % GDP |