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Korea - Government Spending 2006

Name: Korea Government Spending 2006
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

17.84% +0.70% from 2005 Global rank: 33rd

Korea's government spending was 17.84% in 2006, increased +0.70% from 17.14% in 2005. This was the 33rd highest globally.

Global Ranking - 2006▾

Government Spending by Country - 2006
Rank	Country	Value	YoY
1st	Equatorial Guinea	3.69%	-
2nd	Cambodia	7.48%	10.7%
3rd	Bangladesh	8.33%	2.4%
4th	Côte d'Ivoire	9.75%	-7.4%
5th	Madagascar	10.00%	5.3%
6th	Macao SAR, China	10.87%	-6.0%
7th	Mali	11.21%	3.9%
8th	Burkina Faso	11.28%	10.5%
9th	Togo	11.51%	9.3%
10th	Bahamas, The	11.66%	2.7%
11th	Paraguay	12.36%	0.7%
12th	Singapore	13.06%	3.7%
13th	Guatemala	13.22%	1.4%
14th	Congo, Democratic Republic of	13.47%	8.2%
15th	Dominican Republic	13.76%	1.2%
16th	St. Lucia	14.16%	-9.6%
17th	Zambia	14.24%	-27.9%
18th	Philippines	14.57%	-11.7%
19th	Japan	14.85%	-1.4%
20th	Thailand	15.06%	-1.6%
21st	Nicaragua	15.08%	9.9%
22nd	India	15.19%	0.1%
23rd	Ghana	15.29%	-32.8%
24th	Chile	15.89%	-7.7%
25th	Bahrain	16.29%	-5.9%
26th	Switzerland	16.89%	-5.2%
27th	Angola	17.00%	-8.6%
28th	Canada	17.03%	-4.5%
29th	Peru	17.08%	-5.2%
30th	Armenia	17.15%	-5.5%
31st	Malaysia	17.72%	0.2%
32nd	Congo, Republic of	17.76%	-17.2%
33rd	Korea	17.84%	4.1%
34th	Bhutan	18.37%	-2.3%
35th	Mauritius	19.27%	-3.1%
36th	Russian Federation	19.50%	-2.2%
37th	Belize	19.51%	4.9%
38th	Honduras	19.91%	0.1%
39th	St. Vincent and the Grenadines	20.46%	-1.1%
40th	St. Kitts and Nevis	20.48%	-7.5%
41st	Afghanistan	20.58%	-
42nd	United States	20.60%	-0.7%
43rd	Iran, Islamic Republic of	20.72%	6.7%
44th	Sri Lanka	21.15%	4.7%
45th	Costa Rica	21.60%	-4.6%
46th	El Salvador	22.53%	10.0%
47th	Eswatini	22.78%	6.3%
48th	Morocco	22.94%	-9.9%
49th	Mongolia	23.35%	-5.1%
50th	Georgia	23.43%	7.7%
51st	Bolivia, Plurinational State of	23.94%	-7.9%
52nd	Namibia	23.98%	-5.6%
53rd	Australia	24.86%	-2.6%
54th	South Africa	25.84%	0.9%
55th	Tunisia	25.85%	-1.1%
56th	Fiji	26.53%	7.4%
57th	Uruguay	26.64%	0.3%
58th	Barbados	26.90%	-4.3%
59th	Cabo Verde	26.92%	-2.8%
60th	Spain	27.19%	-0.3%
61st	Latvia	27.81%	-1.5%
62nd	Maldives	27.81%	-10.8%
63rd	Jamaica	28.62%	4.3%
64th	Germany	28.70%	-4.4%
65th	San Marino	29.30%	-2.8%
66th	Botswana	29.33%	1.3%
67th	Trinidad and Tobago	29.51%	30.3%
68th	North Macedonia	29.56%	2.3%
69th	Estonia	29.60%	-1.4%
70th	Bulgaria	29.61%	-5.8%
71st	Ireland	30.66%	0.8%
72nd	Lithuania	31.04%	0.0%
73rd	New Zealand	31.39%	1.3%
74th	Romania	31.47%	1.4%
75th	Lebanon	31.71%	18.1%
76th	Seychelles	31.78%	10.9%
77th	Moldova	31.87%	8.7%
78th	Sweden	32.02%	-3.4%
79th	Norway	32.09%	-3.2%
80th	Iceland	32.26%	-1.5%
81st	Belarus	32.41%	7.1%
82nd	Denmark	32.55%	-3.7%
83rd	Czechia	32.61%	-2.5%
84th	Jordan	32.75%	-8.1%
85th	Egypt, Arab Republic of	32.76%	19.6%
86th	Bosnia and Herzegovina	33.99%	4.2%
87th	Finland	34.29%	-1.2%
88th	Kuwait	34.55%	21.2%
89th	Ukraine	35.44%	1.8%
90th	Luxembourg	35.72%	-6.4%
91st	European Union	35.88%	-1.6%
92nd	Croatia	36.25%	-5.1%
93rd	Lesotho	36.43%	9.0%
94th	Poland	36.66%	-0.8%
95th	Slovak Republic	36.97%	-4.1%
96th	United Kingdom	37.95%	0.6%
97th	Cyprus	38.03%	-1.3%
98th	Netherlands	38.33%	2.1%
99th	Israel	38.33%	-2.4%
100th	Italy	39.60%	1.4%
101st	Portugal	39.97%	-3.2%
102nd	Malta	40.30%	0.3%
103rd	Belgium	40.59%	-6.7%
104th	Slovenia	42.51%	-3.4%
105th	Hungary	42.87%	2.5%
106th	West Bank and Gaza	42.97%	17.5%
107th	Greece	43.12%	-1.8%
108th	France	45.25%	-1.1%
109th	Austria	45.53%	-1.6%

FAQ

What was Korea's government spending in 2006?▾

Korea's government spending in 2006 was 17.84%. This ranked 33rd globally.

How did Korea's government spending change in 2006?▾

Korea's government spending increased by 4.1% in 2006 compared to 2005.

Which country had the highest government spending in 2006?▾

Austria had the highest government spending in 2006 at 45.53%.

What is the government spending of Korea in 2006?▾

The government spending of Korea in 2006 was 17.84%. This ranked 33rd globally.

How does 2006 compare to 2005 for Korea's government spending?▾

Korea's government spending went from 17.14% in 2005 to 17.84% in 2006, a 4.1% increase.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 2006. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 3.0%. View full analysis →

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