Capital spending, Ratio of this level of government's expenditure on in Korea
Korea: Capital spending, Ratio of this level of government's expenditure on was 0.2363 in 2020. ▼ Falling
Capital spending, Ratio of this level of government's expenditure on in Korea, 2012–2020
Source: International Monetary Fund.
Analysis
The most recent figure for capital spending, ratio of this level of government's expenditure on in Korea is 0.2363, measured in 2020.
The figure is down 9.4% on the previous year and down 20.6% over ten years.
Over the whole period, capital spending, ratio of this level of government's expenditure on in Korea peaked at 0.3186 in 2014 and was at its lowest, 0.22, in 2018.
Korea ranks 68th of 78 countries on this measure, in the bottom quarter.
Capital spending, Ratio of this level of government's expenditure on in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.2978 | — |
| 2013 | 0.294 | -1.3% |
| 2014 | 0.3186 | +8.4% |
| 2015 | 0.3056 | -4.1% |
| 2016 | 0.2726 | -10.8% |
| 2017 | 0.2219 | -18.6% |
| 2018 | 0.22 | -0.8% |
| 2019 | 0.2607 | +18.5% |
| 2020 | 0.2363 | -9.4% |
Korea compared with similar countries
- Korea's 0.2363 is below the median for high income countries, which is 0.5506, 43% of the median. (42 countries reporting)
- Korea's 0.2363 is below the median for East Asia & Pacific, which is 0.6327, 37% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2739 | 0.22 | 0.3186 | 8 |
| 2020s | 0.2363 | 0.2363 | 0.2363 | 1 |
Countries ranked near Korea
More public sector data for Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 362.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is capital spending, ratio of this level of government's expenditure on in Korea?
- Capital spending, ratio of this level of government's expenditure on in Korea was 0.2363 in 2020, according to International Monetary Fund.
- What is the highest capital spending, ratio of this level of government's expenditure on recorded in Korea?
- The highest recorded value was 0.3186 in 2014.
- What is the lowest capital spending, ratio of this level of government's expenditure on recorded in Korea?
- The lowest recorded value was 0.22 in 2018.
- How does Korea rank for capital spending, ratio of this level of government's expenditure on?
- Korea ranks 68th out of 78 countries with data for 2020.
- Is capital spending, ratio of this level of government's expenditure on rising or falling in Korea?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Capital spending, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.