South Korea — Central government expenditure (% of GDP)
% of GDP · Annual · 1953–2026 · 68 observations
About this series
Central government expenditure records government expense plus net investment in nonfinancial assets within the source series' coverage. It is a flow over the period. This series expresses that measure as a percentage of GDP for the matching period.
In South Korea, the central government expenditure reading was 28.3% of GDP in 2025, compared with 27.7% of GDP in 2024. The period change was +0.62 percentage points. The latest reading was above the selected 10-year average of 26.7% of GDP.
Get the full series
- Annual data, 1953–2026
- All 3 sources, downloadable
Latest observations
2013–2026
| Period | Value |
|---|---|
| 2026 | 29.9 % of GDP |
| 2025 | 28.3 % of GDP |
| 2024 | 27.7 % of GDP |
| 2023 | 28.3 % of GDP |
| 2022 | 31.3 % of GDP |
9 earlier values, back to 2013
| 2021 | 28.5 % of GDP |
| 2020 | 28 % of GDP |
| 2019 | 25.9 % of GDP |
| 2018 | 23.6 % of GDP |
| 2017 | 22.7 % of GDP |
| 2016 | 22.3 % of GDP |
| 2015 | 22.4 % of GDP |
| 2014 | 22.5 % of GDP |
| 2013 | 23 % of GDP |