Korea vs Thailand: Expenditure, General government, Percent of GDP

Korea
24.32
in 2031
Thailand
23.3
in 2031
Korea rank
17th
Thailand rank
18th

Expenditure, General government, Percent of GDP over time

  • Korea
  • Thailand
0102030199520132031

How they compare

Korea currently reports 24.32 against 23.3 in Thailand, a difference of 1.02.

The two have swapped places 5 times across 37 shared years of data; in 1995 it was Thailand ahead.

Korea ranks 17th and Thailand ranks 18th of 26 countries.

Across the 5 decades both report, Korea averaged higher in 2 and Thailand in 3.

Head to head by decade

Decade Korea Thailand Difference Ahead
1990s 14.72 21.43 6.71 Thailand
2000s 17.95 20.28 2.32 Thailand
2010s 18.93 21.61 2.68 Thailand
2020s 24.24 23.74 0.4968 Korea
2030s 24.33 23.3 1.03 Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher expenditure, general government, percent of gdp, Korea or Thailand?
Korea, at 24.32 against 23.3 in Thailand as of 2031.
What is the difference in expenditure, general government, percent of gdp between Korea and Thailand?
1.02, with Korea ahead.
How many years of comparable data are there for Korea and Thailand?
37 years are reported by both, from 1995 to 2031.
How do Korea and Thailand rank globally for expenditure, general government, percent of gdp?
Korea ranks 17th and Thailand ranks 18th 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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Korea vs Thailand: Expenditure, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/expenditure-general-government-percent-of-gdp-9-26-2025/korea-rep/thailand/

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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.