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Korea - Government Spending 2002

Name: Korea Government Spending 2002
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

14.90% −0.86% from 2001 Global rank: 14th

Korea's government spending was 14.90% in 2002, decreased +0.86% from 15.76% in 2001. This was the 14th highest globally.

Global Ranking - 2002▾

Government Spending by Country - 2002
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	7.48%	32.4%
2nd	Bangladesh	7.89%	0.4%
3rd	Cambodia	8.93%	-
4th	Côte d'Ivoire	9.08%	9.5%
5th	Mali	9.83%	6.1%
6th	Burkina Faso	9.94%	-
7th	Bahamas, The	10.39%	-0.3%
8th	Nicaragua	12.20%	-15.4%
9th	Dominican Republic	12.41%	2.0%
10th	Kazakhstan	12.69%	-6.5%
11th	Guatemala	12.98%	-3.1%
12th	Belize	14.16%	-1.8%
13th	Zambia	14.17%	0.5%
14th	Korea	14.90%	-5.5%
15th	Macao SAR, China	14.93%	-2.4%
16th	Georgia	15.41%	-4.0%
17th	Indonesia	15.71%	-3.8%
18th	India	16.05%	3.3%
19th	Japan	16.11%	-0.8%
20th	Singapore	16.15%	-11.1%
21st	Philippines	16.24%	-0.8%
22nd	St. Lucia	16.69%	0.3%
23rd	Iran, Islamic Republic of	17.49%	-0.3%
24th	Peru	17.61%	-3.5%
25th	Malaysia	17.67%	-5.7%
26th	Bhutan	17.75%	-8.4%
27th	Canada	17.96%	-4.0%
28th	Maldives	18.37%	-0.7%
29th	Angola	18.65%	-35.7%
30th	Switzerland	19.48%	11.2%
31st	Eswatini	19.63%	13.1%
32nd	Argentina	19.68%	15.8%
33rd	Mauritius	19.71%	-0.3%
34th	Ghana	20.03%	7.0%
35th	United States	20.08%	2.9%
36th	Chile	20.09%	0.2%
37th	Thailand	20.19%	28.3%
38th	El Salvador	20.22%	-12.0%
39th	St. Vincent and the Grenadines	20.74%	0.0%
40th	St. Kitts and Nevis	21.04%	-15.2%
41st	Mongolia	21.70%	-1.6%
42nd	Morocco	22.08%	12.2%
43rd	Papua New Guinea	22.09%	-17.9%
44th	Russian Federation	22.54%	-1.0%
45th	Sri Lanka	22.91%	-3.8%
46th	Bahrain	23.18%	11.2%
47th	South Africa	23.68%	-2.7%
48th	Albania	23.91%	-18.7%
49th	Costa Rica	24.59%	8.1%
50th	Belarus	24.68%	-8.2%
51st	Trinidad and Tobago	24.90%	4.4%
52nd	Tunisia	25.67%	3.4%
53rd	Australia	26.31%	0.7%
54th	Congo, Republic of	26.80%	24.6%
55th	Egypt, Arab Republic of	27.25%	12.4%
56th	Namibia	27.34%	-5.4%
57th	Uruguay	27.89%	2.3%
58th	Ukraine	27.96%	4.7%
59th	Jordan	28.34%	5.0%
60th	Lebanon	28.35%	-2.3%
61st	Bolivia, Plurinational State of	28.78%	18.7%
62nd	Ireland	29.47%	1.7%
63rd	Latvia	29.80%	0.3%
64th	Jamaica	29.98%	11.6%
65th	Iceland	30.13%	3.0%
66th	New Zealand	30.73%	-2.6%
67th	Estonia	30.74%	-1.9%
68th	Germany	30.82%	1.3%
69th	Romania	31.81%	-4.1%
70th	Lithuania	33.17%	-5.3%
71st	Bulgaria	33.18%	-1.8%
72nd	Sweden	33.56%	1.0%
73rd	Finland	34.32%	3.2%
74th	Lesotho	34.52%	2.8%
75th	Cyprus	35.47%	4.5%
76th	United Kingdom	35.66%	4.1%
77th	San Marino	35.96%	-
78th	Denmark	36.10%	0.9%
79th	Luxembourg	36.68%	4.1%
80th	Czechia	36.82%	0.9%
81st	Norway	37.55%	15.2%
82nd	European Union	37.91%	0.7%
83rd	Netherlands	38.30%	0.6%
84th	Portugal	38.42%	1.0%
85th	Malta	39.08%	-1.6%
86th	Italy	39.34%	-1.3%
87th	Poland	39.59%	-0.2%
88th	Kuwait	41.42%	-4.8%
89th	Belgium	41.44%	-3.7%
90th	Croatia	41.76%	-4.5%
91st	Hungary	42.90%	4.9%
92nd	Greece	43.20%	-1.4%
93rd	Slovak Republic	44.20%	0.9%
94th	Slovenia	44.63%	33.9%
95th	Israel	45.75%	8.0%
96th	France	46.15%	2.3%
97th	Austria	46.28%	-1.1%

FAQ

What was Korea's government spending in 2002?▾

Korea's government spending in 2002 was 14.90%. This ranked 14th globally.

How did Korea's government spending change in 2002?▾

Korea's government spending decreased by 5.5% in 2002 compared to 2001.

Which country had the highest government spending in 2002?▾

Austria had the highest government spending in 2002 at 46.28%.

What is the government spending of Korea in 2002?▾

The government spending of Korea in 2002 was 14.90%. This ranked 14th globally.

How does 2002 compare to 2001 for Korea's government spending?▾

Korea's government spending went from 15.76% in 2001 to 14.90% in 2002, a 5.5% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 2002. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 5.2%. View full analysis →

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