Ghana vs South Korea: Government spending as share of GDP vs. GDP per capita

Ghana
23.2%
in 2024
South Korea
22.5%
in 2024
Ghana rank
105th
South Korea rank
108th

Government spending as share of GDP vs. GDP per capita over time

  • Ghana
  • South Korea
0102030195319882024

How they compare

Ghana currently reports 23.2% against 22.5% in South Korea, a difference of 0.7%.

The two have swapped places 9 times across 63 shared years of data; in 1962 it was South Korea ahead.

Ghana ranks 105th and South Korea ranks 108th of 151 countries.

Across the 7 decades both report, Ghana averaged higher in 2 and South Korea in 5.

Head to head by decade

Decade Ghana South Korea Difference Ahead
1960s 12.7% 16.7% 4.0% South Korea
1970s 10.6% 17.0% 6.4% South Korea
1980s 6.1% 15.6% 9.5% South Korea
1990s 10.8% 15.0% 4.2% South Korea
2000s 14.0% 18.0% 4.0% South Korea
2010s 20.3% 18.9% 1.3% Ghana
2020s 25.6% 24.0% 1.6% Ghana

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending as share of gdp vs. gdp per capita, Ghana or South Korea?
Ghana, at 23.2% against 22.5% in South Korea as of 2024.
What is the difference in government spending as share of gdp vs. gdp per capita between Ghana and South Korea?
0.7%, with Ghana ahead.
How many years of comparable data are there for Ghana and South Korea?
63 years are reported by both, from 1962 to 2024.
How do Ghana and South Korea rank globally for government spending as share of gdp vs. gdp per capita?
Ghana ranks 105th and South Korea ranks 108th of 151 countries.
Where does this data come from?
International Monetary Fund (2025) – with minor processing by Our World in Data, published as Government spending as share of GDP vs. GDP per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ghana vs South Korea: Government spending as share of GDP vs. GDP per capita. Statizoid, drawing on International Monetary Fund (2025) – with minor processing by Our World in Data. Retrieved 01 September 2026, from https://economy.statizoid.com/compare/government-spending-vs-gdp-per-capita/ghana/korea-rep/

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About this data

Indicator
Government spending as share of GDP vs. GDP per capita
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.