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Korea - Government Spending 1997

Government expenditure as % of GDP · World Bank
12.62% −0.19% from 1996 Global rank: 8th

Korea's government spending was 12.62% in 1997, decreased +0.19% from 12.81% in 1996. This was the 8th highest globally.

Global Ranking - 1997▾
Government Spending by Country - 1997
RankCountryValueYoY
1st Congo, Democratic Republic of 5.67% 1.5%
2nd United Arab Emirates 6.05% -
3rd Guatemala 8.27% 3.4%
4th Dominican Republic 10.24% 26.7%
5th Bahamas, The 11.24% -38.4%
6th Nicaragua 11.30% 4.6%
7th Mexico 11.68% 5.1%
8th Korea 12.62% -1.5%
9th Indonesia 12.92% 24.7%
10th Thailand 13.23% 18.3%
11th Macao SAR, China 13.37% 7.3%
12th Singapore 13.63% -15.7%
13th Japan 14.43% -3.5%
14th Belize 14.48% 2.6%
15th India 14.60% 3.7%
16th Argentina 15.01% -1.0%
17th Chile 15.86% 0.8%
18th Iran, Islamic Republic of 15.92% 2.0%
19th Azerbaijan 16.22% 2.6%
20th Mongolia 16.33% 22.5%
21st Peru 16.63% -2.5%
22nd Malaysia 16.99% -9.1%
23rd Burundi 18.26% 7.2%
24th Switzerland 18.53% 1.2%
25th Kazakhstan 18.74% -
26th United States 19.39% -3.1%
27th Mauritius 19.56% 5.5%
28th Bolivia, Plurinational State of 19.69% 4.5%
29th Pakistan 19.75% -
30th Maldives 19.76% 9.6%
31st Türkiye 19.84% 8.8%
32nd Bahrain 20.00% 2.3%
33rd Georgia 20.08% 15.2%
34th Vanuatu 20.33% -8.4%
35th Canada 20.37% -8.8%
36th Bhutan 20.39% -16.2%
37th Morocco 21.17% -5.6%
38th Costa Rica 21.39% -4.9%
39th Sri Lanka 22.83% -8.6%
40th Australia 23.77% -3.1%
41st Egypt, Arab Republic of 24.23% -10.1%
42nd Jamaica 24.25% 3.6%
43rd Tunisia 25.12% -10.3%
44th Albania 25.19% 20.8%
45th South Africa 25.81% -4.5%
46th Bulgaria 26.23% -18.2%
47th Uruguay 26.32% -5.4%
48th Iceland 26.69% -7.7%
49th Belarus 27.21% -1.8%
50th Papua New Guinea 27.28% 5.8%
51st Jordan 28.42% -1.3%
52nd Romania 29.89% 11.1%
53rd Cyprus 31.15% 4.9%
54th Germany 31.79% -1.7%
55th Latvia 32.26% 3.4%
56th Lesotho 32.79% 9.5%
57th Ireland 33.07% -6.5%
58th Estonia 33.77% -6.0%
59th United Kingdom 34.30% -4.0%
60th Norway 34.40% -4.4%
61st Czechia 34.88% -6.4%
62nd Portugal 35.87% -3.1%
63rd Luxembourg 37.53% -0.5%
64th Kuwait 38.18% -8.6%
65th Sweden 38.30% -4.5%
66th Moldova 38.41% -
67th Malta 39.04% -0.6%
68th Denmark 39.08% -4.2%
69th Israel 39.32% -1.2%
70th European Union 40.18% -2.9%
71st Finland 40.33% -10.3%
72nd Poland 40.48% -14.9%
73rd Netherlands 41.09% -2.3%
74th Greece 43.75% -1.5%
75th Hungary 44.53% -4.7%
76th Belgium 44.70% -2.7%
77th Slovak Republic 44.81% -13.2%
78th Italy 44.96% -5.0%
79th Croatia 46.41% -6.0%
80th Seychelles 47.29% -2.2%
81st Austria 47.64% -2.7%
82nd France 48.03% 0.5%
83rd Lithuania 48.86% 44.2%
Source: World Bank (GC.XPN.TOTL.GD.ZS)

FAQ

What was Korea's government spending in 1997?▾

Korea's government spending in 1997 was 12.62%. This ranked 8th globally.

How did Korea's government spending change in 1997?▾

Korea's government spending decreased by 1.5% in 1997 compared to 1996.

Which country had the highest government spending in 1997?▾

Lithuania had the highest government spending in 1997 at 48.86%.

What is the government spending of Korea in 1997?▾

The government spending of Korea in 1997 was 12.62%. This ranked 8th globally.

How does 1997 compare to 1996 for Korea's government spending?▾

Korea's government spending went from 12.81% in 1996 to 12.62% in 1997, a 1.5% decrease.

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