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Government spending as a share of GDP South Korea 2017-2021

Published by L. Yoon, Aug 8, 2022
In 2021, the central government spending in South Korea accounted for around 27.6 percent of gross domestic product (GDP), up from around 26.8 percent in the previous year. The share of central government expenditure in GDP in South Korea has increased in recent years.

Share of central government expenditure in gross domestic product (GDP) in South Korea from 2017 to 2021

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Release date

April 2022

Region

South Korea

Survey time period

2017 to 2021

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