NAAG Chapter 6: General Government — Intermediate consumption by in Korea
Korea: NAAG Chapter 6: General Government — Intermediate consumption by was 3.66 Percentage of GDP in 2024. ▼ Falling
Latest (2024)
3.66 Percentage of GDP
Change on year
down 5.6%
Rank
2nd
of 2 groups
All-time high
6.05 Percentage of GDP
in 1975
All-time low
2.68 Percentage of GDP
in 1995
Years of data
55
1970–2024
NAAG Chapter 6: General Government — Intermediate consumption by in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2024, naag chapter 6: general government — intermediate consumption by in Korea stood at 3.66 Percentage of GDP.
Compared with earlier readings it is down 5.6% on the previous year and up 3.7% over ten years.
Over the whole period, naag chapter 6: general government — intermediate consumption by in Korea peaked at 6.05 Percentage of GDP in 1975 and was at its lowest, 2.68 Percentage of GDP, in 1995.
The long-run direction has been consistently falling across the 55 years of available data.
NAAG Chapter 6: General Government — Intermediate consumption by in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1970 | 3.64 Percentage of GDP | — |
| 1971 | 4.08 Percentage of GDP | +12.0% |
| 1972 | 4.34 Percentage of GDP | +6.4% |
| 1973 | 3.8 Percentage of GDP | -12.5% |
| 1974 | 4.76 Percentage of GDP | +25.4% |
| 1975 | 6.05 Percentage of GDP | +27.0% |
| 1976 | 5.04 Percentage of GDP | -16.7% |
| 1977 | 4.59 Percentage of GDP | -8.8% |
| 1978 | 3.95 Percentage of GDP | -14.1% |
| 1979 | 3.61 Percentage of GDP | -8.6% |
| 1980 | 4.76 Percentage of GDP | +31.8% |
| 1981 | 4.82 Percentage of GDP | +1.4% |
| 1982 | 4.23 Percentage of GDP | -12.2% |
| 1983 | 4.13 Percentage of GDP | -2.6% |
| 1984 | 3.9 Percentage of GDP | -5.5% |
| 1985 | 3.97 Percentage of GDP | +1.9% |
| 1986 | 3.84 Percentage of GDP | -3.3% |
| 1987 | 3.65 Percentage of GDP | -5.1% |
| 1988 | 3.52 Percentage of GDP | -3.4% |
| 1989 | 3.63 Percentage of GDP | +3.0% |
| 1990 | 3.45 Percentage of GDP | -5.0% |
| 1991 | 3.28 Percentage of GDP | -4.9% |
| 1992 | 3.35 Percentage of GDP | +2.1% |
| 1993 | 2.96 Percentage of GDP | -11.5% |
| 1994 | 2.78 Percentage of GDP | -6.0% |
| 1995 | 2.68 Percentage of GDP | -3.6% |
| 1996 | 2.99 Percentage of GDP | +11.5% |
| 1997 | 2.86 Percentage of GDP | -4.6% |
| 1998 | 3.29 Percentage of GDP | +15.3% |
| 1999 | 3.1 Percentage of GDP | -5.9% |
| 2000 | 3.01 Percentage of GDP | -2.8% |
| 2001 | 3.14 Percentage of GDP | +4.2% |
| 2002 | 3.16 Percentage of GDP | +0.8% |
| 2003 | 3.24 Percentage of GDP | +2.5% |
| 2004 | 3.26 Percentage of GDP | +0.8% |
| 2005 | 3.36 Percentage of GDP | +3.0% |
| 2006 | 3.45 Percentage of GDP | +2.5% |
| 2007 | 3.46 Percentage of GDP | +0.4% |
| 2008 | 3.62 Percentage of GDP | +4.8% |
| 2009 | 3.7 Percentage of GDP | +2.1% |
| 2010 | 3.58 Percentage of GDP | -3.2% |
| 2011 | 3.59 Percentage of GDP | +0.3% |
| 2012 | 3.57 Percentage of GDP | -0.7% |
| 2013 | 3.61 Percentage of GDP | +1.2% |
| 2014 | 3.53 Percentage of GDP | -2.3% |
| 2015 | 3.49 Percentage of GDP | -1.0% |
| 2016 | 3.42 Percentage of GDP | -2.1% |
| 2017 | 3.32 Percentage of GDP | -2.8% |
| 2018 | 3.29 Percentage of GDP | -1.1% |
| 2019 | 3.4 Percentage of GDP | +3.4% |
| 2020 | 3.51 Percentage of GDP | +3.1% |
| 2021 | 3.68 Percentage of GDP | +5.0% |
| 2022 | 3.99 Percentage of GDP | +8.2% |
| 2023 | 3.88 Percentage of GDP | -2.7% |
| 2024 | 3.66 Percentage of GDP | -5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.39 Percentage of GDP | 3.61 Percentage of GDP | 6.05 Percentage of GDP | 10 |
| 1980s | 4.05 Percentage of GDP | 3.52 Percentage of GDP | 4.82 Percentage of GDP | 10 |
| 1990s | 3.07 Percentage of GDP | 2.68 Percentage of GDP | 3.45 Percentage of GDP | 10 |
| 2000s | 3.34 Percentage of GDP | 3.01 Percentage of GDP | 3.7 Percentage of GDP | 10 |
| 2010s | 3.48 Percentage of GDP | 3.29 Percentage of GDP | 3.61 Percentage of GDP | 10 |
| 2020s | 3.74 Percentage of GDP | 3.51 Percentage of GDP | 3.99 Percentage of GDP | 5 |
Countries ranked near Korea
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 naag chapter 6: general government — intermediate consumption by in Korea?
- Naag chapter 6: general government — intermediate consumption by in Korea was 3.66 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 6: general government — intermediate consumption by recorded in Korea?
- The highest recorded value was 6.05 Percentage of GDP in 1975.
- What is the lowest naag chapter 6: general government — intermediate consumption by recorded in Korea?
- The lowest recorded value was 2.68 Percentage of GDP in 1995.
- How does Korea rank for naag chapter 6: general government — intermediate consumption by?
- Korea ranks 2nd out of 2 groups with data for 2024.
- Is naag chapter 6: general government — intermediate consumption by rising or falling in Korea?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 6: General Government — Intermediate consumption by general government. Statizoid updates them automatically from the source API.
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