NAAG Chapter 6: General Government — Other expenditure by general in Korea
Korea: NAAG Chapter 6: General Government — Other expenditure by general was 7.75 Percentage of GDP in 2024. ▲ Rising
Latest (2024)
7.75 Percentage of GDP
Change on year
down 2.6%
Rank
1st
of 2 groups
All-time high
11.37 Percentage of GDP
in 2003
All-time low
1.92 Percentage of GDP
in 1980
Years of data
55
1970–2024
NAAG Chapter 6: General Government — Other expenditure by general in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for naag chapter 6: general government — other expenditure by general in Korea is 7.75 Percentage of GDP, measured in 2024.
The figure is down 2.6% on the previous year and up 8.5% over ten years.
Over the whole period, naag chapter 6: general government — other expenditure by general in Korea peaked at 11.37 Percentage of GDP in 2003 and was at its lowest, 1.92 Percentage of GDP, in 1980.
The long-run direction has been consistently rising across the 55 years of available data.
NAAG Chapter 6: General Government — Other expenditure by general in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1970 | 1.97 Percentage of GDP | — |
| 1971 | 2.72 Percentage of GDP | +38.2% |
| 1972 | 2.31 Percentage of GDP | -14.9% |
| 1973 | 3.57 Percentage of GDP | +54.3% |
| 1974 | 3.53 Percentage of GDP | -1.2% |
| 1975 | 4.46 Percentage of GDP | +26.5% |
| 1976 | 3.45 Percentage of GDP | -22.7% |
| 1977 | 3.81 Percentage of GDP | +10.5% |
| 1978 | 2.66 Percentage of GDP | -30.1% |
| 1979 | 3.26 Percentage of GDP | +22.5% |
| 1980 | 1.92 Percentage of GDP | -41.1% |
| 1981 | 4.28 Percentage of GDP | +122.6% |
| 1982 | 3.46 Percentage of GDP | -19.1% |
| 1983 | 3.19 Percentage of GDP | -8.0% |
| 1984 | 2.63 Percentage of GDP | -17.3% |
| 1985 | 2.39 Percentage of GDP | -9.1% |
| 1986 | 2.32 Percentage of GDP | -3.1% |
| 1987 | 2.1 Percentage of GDP | -9.5% |
| 1988 | 2.29 Percentage of GDP | +8.9% |
| 1989 | 2.68 Percentage of GDP | +17.4% |
| 1990 | 2.94 Percentage of GDP | +9.5% |
| 1991 | 3.13 Percentage of GDP | +6.6% |
| 1992 | 3.43 Percentage of GDP | +9.6% |
| 1993 | 3.67 Percentage of GDP | +7.0% |
| 1994 | 3.02 Percentage of GDP | -17.7% |
| 1995 | 3.81 Percentage of GDP | +26.1% |
| 1996 | 3.84 Percentage of GDP | +0.8% |
| 1997 | 4.44 Percentage of GDP | +15.6% |
| 1998 | 5.61 Percentage of GDP | +26.3% |
| 1999 | 5.13 Percentage of GDP | -8.5% |
| 2000 | 5.41 Percentage of GDP | +5.4% |
| 2001 | 6.28 Percentage of GDP | +16.1% |
| 2002 | 6.45 Percentage of GDP | +2.6% |
| 2003 | 11.37 Percentage of GDP | +76.4% |
| 2004 | 8.23 Percentage of GDP | -27.6% |
| 2005 | 7.45 Percentage of GDP | -9.5% |
| 2006 | 7.69 Percentage of GDP | +3.2% |
| 2007 | 7.04 Percentage of GDP | -8.5% |
| 2008 | 7.78 Percentage of GDP | +10.5% |
| 2009 | 8.23 Percentage of GDP | +5.8% |
| 2010 | 7.31 Percentage of GDP | -11.2% |
| 2011 | 8.03 Percentage of GDP | +9.9% |
| 2012 | 8.09 Percentage of GDP | +0.6% |
| 2013 | 6.97 Percentage of GDP | -13.8% |
| 2014 | 7.14 Percentage of GDP | +2.5% |
| 2015 | 6.84 Percentage of GDP | -4.2% |
| 2016 | 6.33 Percentage of GDP | -7.5% |
| 2017 | 6.22 Percentage of GDP | -1.7% |
| 2018 | 6.1 Percentage of GDP | -1.9% |
| 2019 | 6.71 Percentage of GDP | +9.9% |
| 2020 | 9.24 Percentage of GDP | +37.8% |
| 2021 | 8.94 Percentage of GDP | -3.3% |
| 2022 | 9.79 Percentage of GDP | +9.5% |
| 2023 | 7.95 Percentage of GDP | -18.7% |
| 2024 | 7.75 Percentage of GDP | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.17 Percentage of GDP | 1.97 Percentage of GDP | 4.46 Percentage of GDP | 10 |
| 1980s | 2.73 Percentage of GDP | 1.92 Percentage of GDP | 4.28 Percentage of GDP | 10 |
| 1990s | 3.9 Percentage of GDP | 2.94 Percentage of GDP | 5.61 Percentage of GDP | 10 |
| 2000s | 7.59 Percentage of GDP | 5.41 Percentage of GDP | 11.37 Percentage of GDP | 10 |
| 2010s | 6.97 Percentage of GDP | 6.1 Percentage of GDP | 8.09 Percentage of GDP | 10 |
| 2020s | 8.73 Percentage of GDP | 7.75 Percentage of GDP | 9.79 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 — other expenditure by general in Korea?
- Naag chapter 6: general government — other expenditure by general in Korea was 7.75 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 6: general government — other expenditure by general recorded in Korea?
- The highest recorded value was 11.37 Percentage of GDP in 2003.
- What is the lowest naag chapter 6: general government — other expenditure by general recorded in Korea?
- The lowest recorded value was 1.92 Percentage of GDP in 1980.
- How does Korea rank for naag chapter 6: general government — other expenditure by general?
- Korea ranks 1st out of 2 groups with data for 2024.
- Is naag chapter 6: general government — other expenditure by general rising or falling in Korea?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- 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 — Other expenditure by general government. Statizoid updates them automatically from the source API.
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