Size of public procurement - government at a glance indicators, 2025 in Korea
Korea: Size of public procurement - government at a glance indicators, 2025 was 13.99 Percentage of GDP in 2023. ▲ Rising
Size of public procurement - government at a glance indicators, 2025 in Korea, 2007–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2023, size of public procurement - government at a glance indicators, 2025 in Korea stood at 13.99 Percentage of GDP. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 0.3% on the previous year and up 17.0% over ten years.
Over the whole period, size of public procurement - government at a glance indicators, 2025 in Korea peaked at 13.99 Percentage of GDP in 2023 and was at its lowest, 10.99 Percentage of GDP, in 2007.
The long-run direction has been consistently rising across the 17 years of available data.
Size of public procurement - government at a glance indicators, 2025 in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2007 | 10.99 Percentage of GDP | — |
| 2008 | 11.53 Percentage of GDP | +4.9% |
| 2009 | 13.13 Percentage of GDP | +13.9% |
| 2010 | 11.96 Percentage of GDP | -8.9% |
| 2011 | 11.83 Percentage of GDP | -1.1% |
| 2012 | 11.78 Percentage of GDP | -0.4% |
| 2013 | 11.96 Percentage of GDP | +1.5% |
| 2014 | 11.66 Percentage of GDP | -2.5% |
| 2015 | 11.68 Percentage of GDP | +0.2% |
| 2016 | 11.83 Percentage of GDP | +1.3% |
| 2017 | 11.84 Percentage of GDP | +0.1% |
| 2018 | 12.21 Percentage of GDP | +3.1% |
| 2019 | 13.28 Percentage of GDP | +8.8% |
| 2020 | 13.78 Percentage of GDP | +3.8% |
| 2021 | 13.72 Percentage of GDP | -0.4% |
| 2022 | 13.95 Percentage of GDP | +1.7% |
| 2023 | 13.99 Percentage of GDP | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.88 Percentage of GDP | 10.99 Percentage of GDP | 13.13 Percentage of GDP | 3 |
| 2010s | 12 Percentage of GDP | 11.66 Percentage of GDP | 13.28 Percentage of GDP | 10 |
| 2020s | 13.86 Percentage of GDP | 13.72 Percentage of GDP | 13.99 Percentage of GDP | 4 |
Countries ranked near Korea
- 1 Finland 19.52 Percentage of GDP compare
- 1 Netherlands 20.17 Percentage of GDP compare
- 1 Croatia 14.95 Percentage of GDP compare
- 2 Germany 18.58 Percentage of GDP compare
- 3 Australia 18.2 Percentage of GDP compare
- 3 Estonia 14.83 Percentage of GDP compare
- 4 Japan 17.45 Percentage of GDP compare
- 4 Slovenia 14.69 Percentage of GDP compare
- 5 Poland 13.88 Percentage of GDP compare
- 5 Sweden 17.25 Percentage of GDP 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 size of public procurement - government at a glance indicators, 2025 in Korea?
- Size of public procurement - government at a glance indicators, 2025 in Korea was 13.99 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest size of public procurement - government at a glance indicators, 2025 recorded in Korea?
- The highest recorded value was 13.99 Percentage of GDP in 2023.
- What is the lowest size of public procurement - government at a glance indicators, 2025 recorded in Korea?
- The lowest recorded value was 10.99 Percentage of GDP in 2007.
- How does Korea rank for size of public procurement - government at a glance indicators, 2025?
- Korea ranks 2nd out of 3 groups with data for 2023.
- Is size of public procurement - government at a glance indicators, 2025 rising or falling in Korea?
- Over the last ten years it is up 17.0%. 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 Size of public procurement - government at a glance indicators, 2025 edition — Government procurement spending. Statizoid updates them automatically from the source API.
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About this data
This dataset represents a selection of indicators as presented in the 2025 edition of the Government at a Glance publication related to the public procurement spending as estimated under the System of National Accounts (SNA). Government at a Glance provides a dashboard of indicators assembled to help decision makers and the public analyse and benchmark governments across OECD members and partner countries. With a growing emphasis on governance outcomes, this ninth edition presents the latest evidence on public governance tools and resources that can help public administrations address complex, long-term challenges, while allowing progress to be monitored over time. The Structure and indicators section of the Government at a Glance publication, describes its framework and the structure by chapters. The 2025 edition of Government at a Glance presents a structure around three broad categories: 1) Trust, security and dignity; prosperity and satisfaction with public services; 2) Achieving results with good governance practices 3) What resources public institutions use and how are they managed. Further information on Government at a Glance 2025 edition via a dedicated web platform, which includes a Government at a Glance Data dashboard (for a selection of indicators in an interactive format) as well as Country fact sheets (key data by country), can be found at: Government at a Glance website