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Korea Government Spending 2020s

Name: Korea Government Spending 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Government expenditure as % of GDP · World Bank

29.57% decade average (2020-2029)

Korea's government spending during the 2020s ranged from 28.03% (2020) to 31.64% (2025), averaging 29.57% over 5 years of data.

← 2010s

2020s Data▾

Year	Value	Change	Rank
2020	28.03%	+2.08%	62nd
2021	28.55%	+0.52%	62nd
2022	31.30%	+2.75%	63rd
2023	28.32%	−2.98%	45th
2025	31.64%	+3.31%	50th