Hong Kong, China vs Korea: Expenditure, General government, Percent of GDP

Hong Kong, China
21.25
in 2031
Korea
24.32
in 2031
Hong Kong, China rank
19th
Korea rank
17th

Expenditure, General government, Percent of GDP over time

  • Hong Kong, China
  • Korea
0102030198120062031

How they compare

Korea currently reports 24.32 against 21.25 in Hong Kong, China, a difference of 3.07.

That makes Korea's figure about 1.1 times Hong Kong, China's.

The two have swapped places 9 times across 37 shared years of data; in 1995 it was Hong Kong, China ahead.

Hong Kong, China ranks 19th and Korea ranks 17th of 26 countries.

Across the 5 decades both report, Hong Kong, China averaged higher in 1 and Korea in 4.

Head to head by decade

Decade Hong Kong, China Korea Difference Ahead
1990s 16.04 14.72 1.32 Hong Kong, China
2000s 17.29 17.95 0.6673 Korea
2010s 18.38 18.93 0.5531 Korea
2020s 24.05 24.24 0.1833 Korea
2030s 21.25 24.33 3.07 Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expenditure, general government, percent of gdp, Hong Kong, China or Korea?
Korea, at 24.32 against 21.25 in Hong Kong, China as of 2031.
What is the difference in expenditure, general government, percent of gdp between Hong Kong, China and Korea?
3.07, with Korea ahead.
How many years of comparable data are there for Hong Kong, China and Korea?
37 years are reported by both, from 1995 to 2031.
How do Hong Kong, China and Korea rank globally for expenditure, general government, percent of gdp?
Hong Kong, China ranks 19th and Korea ranks 17th of 26 countries.
Where does this data come from?
International Monetary Fund, published as Expenditure, General government, Percent of GDP (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong, China vs Korea: Expenditure, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 16 September 2026, from https://public-sector.statizoid.com/compare/expenditure-general-government-percent-of-gdp-9-26-2025/hong-kong-sar-china/korea-rep/

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About this data

Indicator
Expenditure, General government, Percent of GDP (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,067 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.