Australia vs Republic of Korea: Government spending by function as a share of GDP

Australia
10.6%
in 2023
Republic of Korea
9.3%
in 2023
Australia rank
32nd
Republic of Korea rank
33rd

Government spending by function as a share of GDP over time

  • Australia
  • Republic of Korea
02.557.51012.5200720152023

How they compare

Australia currently reports 10.6% against 9.3% in Republic of Korea, a difference of 1.3%.

That makes Australia's figure about 1.1 times Republic of Korea's.

Across all 17 years both countries report, Australia has been ahead every year.

Australia ranks 32nd and Republic of Korea ranks 33rd of 37 countries.

Australia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Australia Republic of Korea Difference Ahead
2000s 10.2% 4.9% 5.3% Australia
2010s 10.1% 6.2% 3.9% Australia
2020s 10.7% 8.9% 1.8% Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending by function as a share of gdp, Australia or Republic of Korea?
Australia, at 10.6% against 9.3% in Republic of Korea as of 2023.
What is the difference in government spending by function as a share of gdp between Australia and Republic of Korea?
1.3%, with Australia ahead.
How many years of comparable data are there for Australia and Republic of Korea?
17 years are reported by both, from 2007 to 2023.
How do Australia and Republic of Korea rank globally for government spending by function as a share of gdp?
Australia ranks 32nd and Republic of Korea ranks 33rd of 37 countries.
Where does this data come from?
OECD (2026) – with minor processing by Our World in Data, published as Government spending by function as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Republic of Korea: Government spending by function as a share of GDP. Statizoid, drawing on OECD (2026) – with minor processing by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/government-spending-by-function-as-share-of-gdp-across-countries/australia/korea-rep/

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About this data

Indicator
Government spending by function as a share of GDP
Unit
% of GDP
Source
OECD (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
37 places, 618 data points, 2007–2024
Last refreshed

General government expenditure on social protection. This data is divided by gross domestic product, expressed as a percentage.