Expenditure decentralization (ratio of own spending to general) in South Korea
South Korea: Expenditure decentralization (ratio of own spending to general) was 0.5431 in 2020. ▬ Flat
Expenditure decentralization (ratio of own spending to general) in South Korea, 2012–2020
Source: International Monetary Fund.
Analysis
South Korea recorded 0.5431 for expenditure decentralization (ratio of own spending to general) in 2020. That is the lowest value across all 9 years on record.
The figure is down 2.8% on the previous year and down 5.8% over ten years.
Over the whole period, expenditure decentralization (ratio of own spending to general) in South Korea peaked at 0.5765 in 2012 and was at its lowest, 0.5431, in 2020.
That places South Korea 39th out of 65 countries with data for 2020, putting it in the middle of the range.
Expenditure decentralization (ratio of own spending to general) in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.5765 | — |
| 2013 | 0.558 | -3.2% |
| 2014 | 0.547 | -2.0% |
| 2015 | 0.5528 | +1.1% |
| 2016 | 0.5572 | +0.8% |
| 2017 | 0.5469 | -1.8% |
| 2018 | 0.5657 | +3.4% |
| 2019 | 0.5586 | -1.3% |
| 2020 | 0.5431 | -2.8% |
South Korea compared with similar countries
- South Korea's 0.5431 is above the median for high income countries, which is 0.475, 1.1× the median. (29 countries reporting)
- South Korea's 0.5431 is below the median for East Asia & Pacific, which is 0.6322, 86% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.5578 | 0.5469 | 0.5765 | 8 |
| 2020s | 0.5431 | 0.5431 | 0.5431 | 1 |
Countries ranked near South Korea
- 36 Kyrgyzstan 0.5765 compare
- 37 Australia 0.5722 compare
- 38 Peru 0.5527 compare
- 40 Albania 0.5138 compare
- 41 Uzbekistan 0.5112 compare
- 42 Kazakhstan 0.4818 compare
More public sector data for South Korea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 222.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is expenditure decentralization (ratio of own spending to general) in South Korea?
- Expenditure decentralization (ratio of own spending to general) in South Korea was 0.5431 in 2020, according to International Monetary Fund.
- What is the highest expenditure decentralization (ratio of own spending to general) recorded in South Korea?
- The highest recorded value was 0.5765 in 2012.
- What is the lowest expenditure decentralization (ratio of own spending to general) recorded in South Korea?
- The lowest recorded value was 0.5431 in 2020.
- How does South Korea rank for expenditure decentralization (ratio of own spending to general)?
- South Korea ranks 39th out of 65 countries with data for 2020.
- Is expenditure decentralization (ratio of own spending to general) rising or falling in South Korea?
- Over the last ten years it is down 5.8%. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Expenditure decentralization (ratio of own spending to general government spending), Percent (Central government). Statizoid updates them automatically from the source API.
Download this data
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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.