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Korea - Government Spending 2016

Name: Korea Government Spending 2016
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

22.32% −0.05% from 2015 Global rank: 55th

Korea's government spending was 22.32% in 2016, decreased +0.05% from 22.37% in 2015. This was the 55th highest globally.

Global Ranking - 2016▾

Government Spending by Country - 2016
Rank	Country	Value	YoY
1st	United Arab Emirates	4.18%	3.9%
2nd	Bangladesh	7.86%	-12.7%
3rd	Central African Republic	9.02%	-3.1%
4th	Madagascar	9.32%	-2.5%
5th	Sudan	9.73%	-9.2%
6th	Cambodia	9.79%	8.9%
7th	Equatorial Guinea	10.25%	3.0%
8th	Mali	10.32%	-0.1%
9th	Uganda	11.31%	5.1%
10th	Congo, Democratic Republic of	11.88%	0.3%
11th	Cameroon	11.90%	-4.2%
12th	Malawi	12.33%	-4.5%
13th	Guatemala	12.80%	0.5%
14th	Tanzania	13.37%	-10.1%
15th	Côte d'Ivoire	13.40%	-0.4%
16th	Philippines	13.44%	-0.3%
17th	Togo	13.61%	5.3%
18th	Panama	13.70%	-2.2%
19th	Lao PDR	13.87%	-6.9%
20th	Nepal	14.23%	1.7%
21st	Uzbekistan	14.33%	-4.8%
22nd	Singapore	14.42%	-9.5%
23rd	Burkina Faso	14.71%	11.5%
24th	India	15.27%	1.0%
25th	Myanmar	15.35%	-9.9%
26th	Paraguay	15.42%	4.0%
27th	Angola	15.43%	-16.0%
28th	Sri Lanka	15.66%	-8.4%
29th	Kazakhstan	16.33%	5.4%
30th	Macao SAR, China	16.35%	6.1%
31st	Nicaragua	16.39%	2.9%
32nd	Dominican Republic	16.43%	6.9%
33rd	Japan	16.71%	-1.5%
34th	Malaysia	16.76%	-8.3%
35th	Gabon	17.09%	-0.6%
36th	Congo, Republic of	17.15%	15.1%
37th	Switzerland	17.24%	1.0%
38th	Canada	17.50%	2.6%
39th	Bhutan	17.61%	-1.7%
40th	Burundi	17.78%	-13.5%
41st	Bahamas, The	17.89%	11.3%
42nd	St. Lucia	18.17%	-0.1%
43rd	Ghana	18.29%	5.3%
44th	Senegal	18.31%	0.1%
45th	Papua New Guinea	18.39%	-9.1%
46th	Rwanda	18.46%	9.0%
47th	Mozambique	18.52%	-16.7%
48th	Cabo Verde	19.07%	-1.2%
49th	Peru	19.19%	-6.7%
50th	Thailand	19.67%	1.4%
51st	Mexico	20.33%	-2.6%
52nd	Belize	21.27%	3.2%
53rd	Chile	22.13%	2.3%
54th	Kenya	22.19%	7.1%
55th	Korea	22.32%	-0.2%
56th	Zambia	22.41%	-3.6%
57th	United States	22.55%	0.3%
58th	Micronesia, Federated States of	22.66%	7.5%
59th	Morocco	22.77%	-1.3%
60th	Mauritius	22.77%	102.5%
61st	El Salvador	23.21%	2.0%
62nd	St. Vincent and the Grenadines	23.41%	-3.1%
63rd	Albania	23.70%	-2.3%
64th	Maldives	24.20%	-8.8%
65th	Bahrain	24.50%	-3.3%
66th	Jamaica	24.76%	1.2%
67th	Vanuatu	24.81%	7.3%
68th	Samoa	24.99%	-12.6%
69th	Zimbabwe	25.24%	15.7%
70th	Fiji	25.33%	-4.7%
71st	West Bank and Gaza	25.67%	-4.9%
72nd	Armenia	25.71%	2.5%
73rd	Ireland	25.74%	-3.2%
74th	St. Kitts and Nevis	25.85%	4.6%
75th	Lebanon	25.85%	12.9%
76th	Jordan	25.86%	0.6%
77th	Argentina	26.18%	4.7%
78th	Iraq	26.56%	-1.7%
79th	Moldova	26.67%	-5.8%
80th	Botswana	26.78%	-14.3%
81st	Australia	26.88%	0.8%
82nd	Saudi Arabia	26.94%	-11.4%
83rd	Kyrgyz Republic	27.04%	-0.8%
84th	Costa Rica	27.15%	-4.9%
85th	Azerbaijan	27.20%	9.7%
86th	Germany	27.37%	-0.2%
87th	Mongolia	27.40%	12.7%
88th	North Macedonia	27.78%	-3.5%
89th	Eswatini	27.80%	4.0%
90th	Colombia	28.63%	6.8%
91st	Georgia	28.67%	3.6%
92nd	Barbados	28.79%	-1.4%
93rd	Belarus	29.42%	4.6%
94th	Solomon Islands	29.75%	-3.0%
95th	Türkiye	30.61%	6.1%
96th	Latvia	30.69%	-1.7%
97th	New Zealand	30.70%	-2.6%
98th	Russian Federation	31.03%	1.2%
99th	Tonga	31.14%	3.0%
100th	Bulgaria	32.03%	-6.6%
101st	Sweden	32.11%	-0.8%
102nd	South Africa	32.19%	-4.4%
103rd	Romania	32.22%	-2.4%
104th	Spain	32.43%	-0.7%
105th	Czechia	32.52%	-1.7%
106th	Lithuania	32.68%	0.0%
107th	Brazil	33.41%	-1.6%
108th	Trinidad and Tobago	33.43%	-0.4%
109th	Ukraine	33.50%	-10.3%
110th	Malta	34.46%	-2.5%
111th	Israel	34.48%	0.1%
112th	Poland	34.80%	1.9%
113th	Bosnia and Herzegovina	34.90%	-4.3%
114th	Iceland	35.00%	9.8%
115th	Ecuador	35.05%	2.9%
116th	Uruguay	35.22%	19.1%
117th	Namibia	35.45%	-6.7%
118th	Estonia	35.82%	0.0%
119th	Luxembourg	36.83%	-1.0%
120th	United Kingdom	37.01%	-3.1%
121st	Denmark	37.38%	-5.3%
122nd	European Union	37.38%	-1.2%
123rd	Serbia	37.79%	-3.2%
124th	Cyprus	38.14%	-8.6%
125th	Netherlands	39.44%	-2.9%
126th	Norway	39.74%	4.2%
127th	Finland	39.94%	-1.8%
128th	Croatia	40.09%	-3.5%
129th	Slovak Republic	40.32%	-0.9%
130th	Palau	40.46%	3.5%
131st	Lesotho	40.58%	6.1%
132nd	Belgium	41.16%	-1.3%
133rd	Portugal	41.32%	-6.1%
134th	Italy	43.20%	-0.8%
135th	Hungary	43.39%	0.3%
136th	Afghanistan	43.92%	18.6%
137th	Slovenia	44.67%	-4.4%
138th	San Marino	44.99%	-0.6%
139th	Austria	45.55%	-1.7%
140th	France	48.15%	-0.6%
141st	Greece	48.86%	-6.4%
142nd	Marshall Islands	56.40%	1.8%
143rd	Kiribati	61.40%	4.5%
144th	Timor-Leste	70.10%	-4.3%
145th	Nauru	88.79%	-6.7%

FAQ

What was Korea's government spending in 2016?▾

Korea's government spending in 2016 was 22.32%. This ranked 55th globally.

How did Korea's government spending change in 2016?▾

Korea's government spending decreased by 0.2% in 2016 compared to 2015.

Which country had the highest government spending in 2016?▾

Nauru had the highest government spending in 2016 at 88.79%.

What is the government spending of Korea in 2016?▾

The government spending of Korea in 2016 was 22.32%. This ranked 55th globally.

How does 2016 compare to 2015 for Korea's government spending?▾

Korea's government spending went from 22.37% in 2015 to 22.32% in 2016, a 0.2% decrease.

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