Social benefits, Ratio of this level of government's expenditure on in Korea
Korea: Social benefits, Ratio of this level of government's expenditure on was 1 in 2020. ▬ Flat
Social benefits, Ratio of this level of government's expenditure on in Korea, 2012–2020
Source: International Monetary Fund.
Analysis
In 2020, social benefits, ratio of this level of government's expenditure on in Korea stood at 1. That is the highest value across all 9 years on record.
The figure is unchanged over ten years.
Over the whole period, social benefits, ratio of this level of government's expenditure on in Korea peaked at 1 in 2012 and was at its lowest, 1, in 2017.
That places Korea 1st out of 79 countries with data for 2020, putting it in the top 10%.
Social benefits, Ratio of this level of government's expenditure on in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1 | — |
| 2013 | 1 | +0.0% |
| 2014 | 1 | -0.0% |
| 2015 | 1 | -0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | -0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Korea compared with similar countries
- Korea's 1 is above the median for high income countries, which is 0.2134, 4.7× the median. (42 countries reporting)
- Korea's 1 is above the median for East Asia & Pacific, which is 0.8444, 1.2× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 | 1 | 1 | 8 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near Korea
- 1 Iran, Islamic Republic of 1
- 1 Kiribati 1 compare
- 1 Malta 1 compare
More public sector data for Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is social benefits, ratio of this level of government's expenditure on in Korea?
- Social benefits, ratio of this level of government's expenditure on in Korea was 1 in 2020, according to International Monetary Fund.
- What is the highest social benefits, ratio of this level of government's expenditure on recorded in Korea?
- The highest recorded value was 1 in 2012.
- What is the lowest social benefits, ratio of this level of government's expenditure on recorded in Korea?
- The lowest recorded value was 1 in 2017.
- How does Korea rank for social benefits, ratio of this level of government's expenditure on?
- Korea ranks 1st out of 79 countries with data for 2020.
- Is social benefits, ratio of this level of government's expenditure on rising or falling in Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Social benefits, 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.
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.