Composition of General Services Support Estimate — Cost of public in Korea
Korea: Composition of General Services Support Estimate — Cost of public was 16.8 Percentage of general services support estimate in 2024. ◆ Volatile
Latest (2024)
16.8 Percentage of general services support estimate
Change on year
up 52.0%
Rank
1st
of 4 groups
All-time high
63.78 Percentage of general services support estimate
in 1989
All-time low
6.75 Percentage of general services support estimate
in 2016
Years of data
37
1986–2024
Composition of General Services Support Estimate — Cost of public in Korea, 1986–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of general services support estimate.
Analysis
The most recent figure for composition of general services support estimate — cost of public in Korea is 16.8 Percentage of general services support estimate, measured in 2024.
That represents a change of up 52.0% on the previous year and up 142.7% over ten years.
Over the whole period, composition of general services support estimate — cost of public in Korea peaked at 63.78 Percentage of general services support estimate in 1989 and was at its lowest, 6.75 Percentage of general services support estimate, in 2016.
The series is highly variable year to year, so single readings are best treated with caution.
Composition of General Services Support Estimate — Cost of public in Korea, year by year
| Year | Percentage of general services support estimate | Change |
|---|---|---|
| 1986 | 42.65 Percentage of general services support estimate | — |
| 1987 | 33.2 Percentage of general services support estimate | -22.2% |
| 1988 | 56.87 Percentage of general services support estimate | +71.3% |
| 1989 | 63.78 Percentage of general services support estimate | +12.1% |
| 1990 | 59.82 Percentage of general services support estimate | -6.2% |
| 1991 | 53 Percentage of general services support estimate | -11.4% |
| 1992 | 45.96 Percentage of general services support estimate | -13.3% |
| 1993 | 37.09 Percentage of general services support estimate | -19.3% |
| 1994 | 29.33 Percentage of general services support estimate | -20.9% |
| 1995 | 15.57 Percentage of general services support estimate | -46.9% |
| 1997 | 20.14 Percentage of general services support estimate | +29.3% |
| 1998 | 16.81 Percentage of general services support estimate | -16.5% |
| 2000 | 16.21 Percentage of general services support estimate | -3.6% |
| 2001 | 16.97 Percentage of general services support estimate | +4.7% |
| 2002 | 19.49 Percentage of general services support estimate | +14.9% |
| 2003 | 19.39 Percentage of general services support estimate | -0.5% |
| 2004 | 18.5 Percentage of general services support estimate | -4.6% |
| 2005 | 18.44 Percentage of general services support estimate | -0.3% |
| 2006 | 22.18 Percentage of general services support estimate | +20.3% |
| 2007 | 15.45 Percentage of general services support estimate | -30.3% |
| 2008 | 12.35 Percentage of general services support estimate | -20.0% |
| 2009 | 12.68 Percentage of general services support estimate | +2.6% |
| 2010 | 19.57 Percentage of general services support estimate | +54.4% |
| 2011 | 12.77 Percentage of general services support estimate | -34.8% |
| 2012 | 18.11 Percentage of general services support estimate | +41.8% |
| 2013 | 14.9 Percentage of general services support estimate | -17.7% |
| 2014 | 6.92 Percentage of general services support estimate | -53.6% |
| 2015 | 9.63 Percentage of general services support estimate | +39.2% |
| 2016 | 6.75 Percentage of general services support estimate | -29.9% |
| 2017 | 8.08 Percentage of general services support estimate | +19.7% |
| 2018 | 9.03 Percentage of general services support estimate | +11.8% |
| 2019 | 11.82 Percentage of general services support estimate | +30.9% |
| 2020 | 9.31 Percentage of general services support estimate | -21.2% |
| 2021 | 9.38 Percentage of general services support estimate | +0.8% |
| 2022 | 11.52 Percentage of general services support estimate | +22.8% |
| 2023 | 11.05 Percentage of general services support estimate | -4.1% |
| 2024 | 16.8 Percentage of general services support estimate | +52.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 49.13 Percentage of general services support estimate | 33.2 Percentage of general services support estimate | 63.78 Percentage of general services support estimate | 4 |
| 1990s | 34.72 Percentage of general services support estimate | 15.57 Percentage of general services support estimate | 59.82 Percentage of general services support estimate | 8 |
| 2000s | 17.16 Percentage of general services support estimate | 12.35 Percentage of general services support estimate | 22.18 Percentage of general services support estimate | 10 |
| 2010s | 11.76 Percentage of general services support estimate | 6.75 Percentage of general services support estimate | 19.57 Percentage of general services support estimate | 10 |
| 2020s | 11.61 Percentage of general services support estimate | 9.31 Percentage of general services support estimate | 16.8 Percentage of general services support estimate | 5 |
Countries ranked near Korea
- 1 China 33.36 Percentage of general services support estimate compare
- 1 Viet Nam 2.27 Percentage of general services support estimate compare
- 2 United Kingdom 0.2668 Percentage of general services support estimate compare
- 2 Indonesia 21.91 Percentage of general services support estimate compare
- 3 Türkiye 0 Percentage of general services support estimate
- 3 United States 0 Percentage of general services support estimate compare
- 3 Iceland 10.89 Percentage of general services support estimate compare
- 4 Philippines 10.82 Percentage of general services support estimate compare
More public sector data for Korea
- Government budget allocations for R&D — Government Allocations for R&D 28,685 US dollars, PPP converted (2024)
- Annual government non-financial accounts and key indicators -37.48 million National currency (2024)
- Annual government non-financial accounts and key indicators (Revenue) 28.43 million National currency (2024)
- Annual government non-financial accounts and key indicators 115.94 million National currency (2024)
- Annual government non-financial accounts and key indicators (Revenue) 858.80 million National currency (2024)
- Annual government non-financial accounts and key indicators 169.17 million National currency (2024)
- NAAG Chapter 6: Government — Compensation of employees by general 6.6 Percentage of GDP (2024)
- Annual government expenditure by function (COFOG) — Gross fixed 113.41 million National currency (2023)
- Annual government expenditure by function (COFOG) — Gross capital 117.77 million National currency (2023)
- Annual government expenditure by function (COFOG) — Compensation of 159.16 million National currency (2023)
Frequently asked questions
- What is composition of general services support estimate — cost of public in Korea?
- Composition of general services support estimate — cost of public in Korea was 16.8 Percentage of general services support estimate in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest composition of general services support estimate — cost of public recorded in Korea?
- The highest recorded value was 63.78 Percentage of general services support estimate in 1989.
- What is the lowest composition of general services support estimate — cost of public recorded in Korea?
- The lowest recorded value was 6.75 Percentage of general services support estimate in 2016.
- How does Korea rank for composition of general services support estimate — cost of public?
- Korea ranks 1st out of 4 groups with data for 2024.
- Is composition of general services support estimate — cost of public rising or falling in Korea?
- Over the last ten years it is up 142.7%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Composition of General Services Support Estimate — Cost of public stockholding, relative to GSSE. Statizoid updates them automatically from the source API.
Download this data
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About this data
This dataset is a complement to the report Agricultural Policy Monitoring and Evaluation 2025, which monitors agricultural policy developments in 38 OECD member countries, 5 non-OECD European Union member states and 11 emerging and developing economies: Argentina, Brazil, People’s Republic of China, India, Indonesia, Kazakhstan, the Philippines, the Russian Federation, South Africa, Ukraine and Viet Nam. This table presents the composition of the General Services Support Estimate.