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Korea - Government Spending 1975

Government expenditure as % of GDP · World Bank
13.62% +1.46% from 1974 Global rank: 9th

Korea's government spending was 13.62% in 1975, increased +1.46% from 12.16% in 1974. This was the 9th highest globally.

Global Ranking - 1975▾
Government Spending by Country - 1975
RankCountryValueYoY
1st Dominican Republic 9.36% -16.9%
2nd Honduras 10.06% 13.4%
3rd India 10.11% 15.8%
4th Thailand 12.52% 21.2%
5th Mexico 12.55% 7.5%
6th Japan 12.80% 4.8%
7th Indonesia 13.27% 0.3%
8th Peru 13.61% 15.8%
9th Korea 13.62% 12.0%
10th Türkiye 14.23% 15.8%
11th Switzerland 15.15% 16.3%
12th Singapore 15.19% 15.0%
13th Costa Rica 16.31% 8.3%
14th Spain 17.30% 5.4%
15th South Africa 17.62% 9.8%
16th Mauritius 17.72% 26.6%
17th Greece 18.16% -1.6%
18th United States 19.47% 8.9%
19th Australia 21.24% 17.2%
20th Uruguay 22.51% 2.7%
21st Tunisia 23.56% 8.7%
22nd Portugal 23.72% -
23rd Germany 24.39% 10.3%
24th Sweden 24.56% 1.5%
25th Finland 24.71% 17.2%
26th Iceland 25.49% -1.7%
27th Chile 27.03% 15.1%
28th European Union 28.27% 9.9%
29th Norway 29.00% 2.6%
30th Luxembourg 29.75% 37.8%
31st Cyprus 30.21% -
32nd Italy 30.96% 16.7%
33rd Denmark 31.07% 2.9%
34th Austria 31.23% 11.5%
35th New Zealand 31.42% 13.6%
36th France 33.90% 7.9%
37th Iran, Islamic Republic of 34.07% 3.0%
38th Ireland 34.82% 10.4%
39th Malta 35.00% -10.0%
40th United Kingdom 36.49% 9.7%
41st Netherlands 40.69% 13.7%
42nd Egypt, Arab Republic of 50.77% -
43rd Israel 53.69% 5.4%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Korea's government spending in 1975?▾

Korea's government spending in 1975 was 13.62%. This ranked 9th globally.

How did Korea's government spending change in 1975?▾

Korea's government spending increased by 12.0% in 1975 compared to 1974.

Which country had the highest government spending in 1975?▾

Israel had the highest government spending in 1975 at 53.69%.

What is the government spending of Korea in 1975?▾

The government spending of Korea in 1975 was 13.62%. This ranked 9th globally.

How does 1975 compare to 1974 for Korea's government spending?▾

Korea's government spending went from 12.16% in 1974 to 13.62% in 1975, a 12.0% increase.

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