Other expense, Ratio of this level of government's … total in South Korea
South Korea: Other expense, Ratio of this level of government's … total was 0.3102 in 2020. ▼ Falling
Other expense, Ratio of this level of government's expenditure on in South Korea, 2012–2020
Source: International Monetary Fund.
Analysis
In 2020, other expense, ratio of this level of government's expenditure on in South Korea stood at 0.3102. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 27.0% on the previous year and down 47.8% over ten years.
Over the whole period, other expense, ratio of this level of government's expenditure on in South Korea peaked at 0.594 in 2012 and was at its lowest, 0.3102, in 2020.
That places South Korea 57th out of 64 countries with data for 2020, putting it in the bottom quarter.
Other expense, Ratio of this level of government's … total in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.594 | — |
| 2013 | 0.3841 | -35.3% |
| 2014 | 0.3532 | -8.0% |
| 2015 | 0.3228 | -8.6% |
| 2016 | 0.37 | +14.6% |
| 2017 | 0.3584 | -3.1% |
| 2018 | 0.461 | +28.6% |
| 2019 | 0.4251 | -7.8% |
| 2020 | 0.3102 | -27.0% |
South Korea compared with similar countries
- South Korea's 0.3102 is below the median for high income countries, which is 0.6358, 49% of the median. (27 countries reporting)
- South Korea's 0.3102 is below the median for East Asia & Pacific, which is 0.9393, 33% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4086 | 0.3228 | 0.594 | 8 |
| 2020s | 0.3102 | 0.3102 | 0.3102 | 1 |
Countries ranked near South Korea
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 other expense, ratio of this level of government's expenditure on in South Korea?
- Other expense, ratio of this level of government's expenditure on in South Korea was 0.3102 in 2020, according to International Monetary Fund.
- What is the highest other expense, ratio of this level of government's expenditure on recorded in South Korea?
- The highest recorded value was 0.594 in 2012.
- What is the lowest other expense, ratio of this level of government's expenditure on recorded in South Korea?
- The lowest recorded value was 0.3102 in 2020.
- How does South Korea rank for other expense, ratio of this level of government's expenditure on?
- South Korea ranks 57th out of 64 countries with data for 2020.
- Is other expense, ratio of this level of government's expenditure on rising or falling in South Korea?
- Over the last ten years it is down 47.8%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Other expense, 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.
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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.