Home Korea Government Government Spending Lowest

Korea Lowest Government Spending

11.15% in 1973
Government expenditure as % of GDP · World Bank

The lowest government spending in Korea was 11.15% in 1973. The top 5 years were: 1973 (11.15%), 1988 (11.87%), 1974 (12.16%), 1987 (12.30%), 1995 (12.61%).

Top 5 Lowest Years
Korea Top 5 Lowest Government Spending Years
RankYearValue
1st 1973 11.15%
2nd 1988 11.87%
3rd 1974 12.16%
4th 1987 12.30%
5th 1995 12.61%
All Data (sorted by value)
YearValueChangeRank
1973 11.15% −4.15% 5th
1997 12.62% −0.19% 8th
1996 12.81% +0.20% 9th
1995 12.61% −0.15% 12th
1994 12.76% +0.06% 10th
1993 12.70% −0.31% 7th
1992 13.00% +0.22% 7th
1991 12.79% −0.08% 9th
1990 12.86% +0.13% 9th
1989 12.73% +0.86% 5th
1988 11.87% −0.43% 4th
1987 12.30% −0.60% 4th
1986 12.90% −0.66% 3rd
1974 12.16% +1.01% 7th
1999 14.32% −0.42% 12th
Show all