Government Expenditure (As % of GDP) in South Korea

Government expenditure as a share of gdp reached 24.9% in 2027 in South Korea, according to the National Statistical Office. This is 0% more than in the previous year.

Historically, government expenditure as a share of GDP in South Korea reached an all time high of 27.6% in 2022 and an all time low of 14.0% in 1995.

South Korea has been ranked 100th within the group of 165 countries we follow in terms of government expenditure as a share of GDP.