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Korea - Government Spending 1993

Government expenditure as % of GDP · World Bank
12.70% −0.31% from 1992 Global rank: 7th

Korea's government spending was 12.70% in 1993, decreased +0.31% from 13.00% in 1992. This was the 7th highest globally.

Global Ranking - 1993▾
Government Spending by Country - 1993
RankCountryValueYoY
1st Dominican Republic 8.56% 21.9%
2nd Guatemala 8.63% -10.3%
3rd Cameroon 9.90% -33.7%
4th Mexico 10.27% -23.2%
5th Indonesia 10.71% -8.5%
6th Thailand 11.34% -1.4%
7th Korea 12.70% -2.3%
8th Philippines 13.94% -1.9%
9th Argentina 14.28% 21.0%
10th Singapore 14.58% -11.9%
11th Mongolia 14.63% -12.3%
12th Belize 14.69% 8.3%
13th Iran, Islamic Republic of 14.83% 6.8%
14th India 15.15% 0.2%
15th Peru 15.31% -10.8%
16th Chile 16.38% 0.0%
17th Lithuania 17.05% -20.1%
18th Congo, Democratic Republic of 17.06% 6.0%
19th Mauritius 17.31% -7.6%
20th St. Kitts and Nevis 17.32% 3.0%
21st Maldives 17.39% -3.3%
22nd Bahamas, The 17.43% -3.6%
23rd Switzerland 17.58% 7.3%
24th Bhutan 18.46% -2.8%
25th Jamaica 18.69% -7.0%
26th Costa Rica 19.36% 8.9%
27th Bolivia, Plurinational State of 20.38% 16.0%
28th Morocco 21.09% 15.8%
29th United States 21.42% -1.8%
30th Sri Lanka 22.84% -4.8%
31st Türkiye 22.94% 21.6%
32nd Bahrain 23.00% 0.4%
33rd Burundi 24.54% 18.3%
34th Australia 24.93% 2.2%
35th Canada 25.14% -1.6%
36th Nicaragua 25.17% 3.2%
37th Jordan 25.90% 4.9%
38th Fiji 27.58% 13.9%
39th Lesotho 28.35% -5.5%
40th Tunisia 28.44% 2.8%
41st Uruguay 28.89% 15.4%
42nd South Africa 29.15% 4.4%
43rd Iceland 29.30% -2.5%
44th Cyprus 29.37% -1.0%
45th Romania 29.90% -21.8%
46th Papua New Guinea 29.98% 3.2%
47th Malta 30.04% 3.5%
48th Czechia 30.78% -
49th Egypt, Arab Republic of 31.48% -9.9%
50th Germany 31.69% 1.7%
51st Luxembourg 32.33% -1.6%
52nd Botswana 32.63% 7.0%
53rd Slovenia 33.38% 3.8%
54th Croatia 34.04% -4.1%
55th Spain 34.66% 9.2%
56th Belarus 36.37% 15.0%
57th Portugal 37.24% 3.8%
58th Israel 37.36% -4.3%
59th United Kingdom 37.37% -0.7%
60th Ireland 37.63% 0.1%
61st Austria 38.91% 5.6%
62nd Norway 39.01% -1.8%
63rd European Union 39.36% 3.0%
64th Denmark 40.31% 7.3%
65th Finland 41.95% 7.2%
66th Bulgaria 43.68% 10.5%
67th France 44.03% 5.1%
68th Sweden 44.28% 11.4%
69th Seychelles 45.55% 2.5%
70th Netherlands 46.42% 0.6%
71st Italy 48.02% 2.2%
72nd Hungary 50.26% -2.0%
73rd Kuwait 55.16% -40.2%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Korea's government spending in 1993?▾

Korea's government spending in 1993 was 12.70%. This ranked 7th globally.

How did Korea's government spending change in 1993?▾

Korea's government spending decreased by 2.3% in 1993 compared to 1992.

Which country had the highest government spending in 1993?▾

Kuwait had the highest government spending in 1993 at 55.16%.

What is the government spending of Korea in 1993?▾

The government spending of Korea in 1993 was 12.70%. This ranked 7th globally.

How does 1993 compare to 1992 for Korea's government spending?▾

Korea's government spending went from 13.00% in 1992 to 12.70% in 1993, a 2.3% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 1993. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 9.7%. View full analysis →

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