Government spending as a share of GDP South Korea 2017-2022

Published by L. Yoon, Nov 30, 2023
In 2022, the central government spending in South Korea accounted for around 29.9 percent of gross domestic product (GDP), up from around 27.4 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 2022

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Release date

April 2023

Region

South Korea

Survey time period

2017 to 2022

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