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Korea - Government Spending 1986

Government expenditure as % of GDP · World Bank
12.90% −0.66% from 1985 Global rank: 3rd

Korea's government spending was 12.90% in 1986, decreased +0.66% from 13.56% in 1985. This was the 3rd highest globally.

Global Ranking - 1986▾
Government Spending by Country - 1986
RankCountryValueYoY
1st Dominican Republic 11.27% 5.3%
2nd Bolivia, Plurinational State of 11.97% -
3rd Korea 12.90% -4.9%
4th Türkiye 13.67% -18.3%
5th Indonesia 14.65% 7.4%
6th Japan 15.11% -2.0%
7th India 15.34% 6.7%
8th Thailand 16.31% -4.1%
9th Peru 16.94% -0.6%
10th Iran, Islamic Republic of 17.44% -4.9%
11th Bhutan 17.52% -19.8%
12th Mauritius 20.17% -10.7%
13th United States 22.23% 0.3%
14th Singapore 22.66% 26.2%
15th Chile 23.66% -6.9%
16th Uruguay 24.13% 1.1%
17th Costa Rica 24.26% 24.3%
18th Mexico 24.90% 21.3%
19th South Africa 25.24% 5.0%
20th Germany 25.25% -1.6%
21st Cyprus 25.27% -7.1%
22nd Australia 26.09% -1.1%
23rd Iceland 26.95% 10.9%
24th Malta 28.12% -3.2%
25th Finland 28.26% 1.6%
26th Spain 29.55% -0.3%
27th Luxembourg 30.77% -4.0%
28th Tunisia 31.23% 3.4%
29th Greece 31.84% -0.6%
30th Portugal 33.66% 0.3%
31st Norway 33.88% 7.7%
32nd United Kingdom 34.98% -2.7%
33rd Egypt, Arab Republic of 35.20% -1.7%
34th Denmark 35.27% -6.2%
35th European Union 35.89% 4.2%
36th Austria 36.42% 2.0%
37th Sweden 37.37% -3.8%
38th New Zealand 37.47% 3.7%
39th Kuwait 38.61% 15.4%
40th France 41.12% -1.6%
41st Seychelles 41.48% 2.2%
42nd Romania 42.43% 2.1%
43rd Ireland 45.03% -1.8%
44th Italy 46.04% 19.6%
45th Netherlands 48.69% 0.4%
46th Israel 49.76% -13.9%
47th Hungary 53.23% 12.1%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Korea's government spending in 1986?▾

Korea's government spending in 1986 was 12.90%. This ranked 3rd globally.

How did Korea's government spending change in 1986?▾

Korea's government spending decreased by 4.9% in 1986 compared to 1985.

Which country had the highest government spending in 1986?▾

Hungary had the highest government spending in 1986 at 53.23%.

What is the government spending of Korea in 1986?▾

The government spending of Korea in 1986 was 12.90%. This ranked 3rd globally.

How does 1986 compare to 1985 for Korea's government spending?▾

Korea's government spending went from 13.56% in 1985 to 12.90% in 1986, a 4.9% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 1986. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 12.1%. View full analysis →

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