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

South Korea
22.5%
in 2024
Thailand
22.7%
in 2024
South Korea rank
108th
Thailand rank
107th

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

  • South Korea
  • Thailand
10152025194819862024

How they compare

Thailand currently reports 22.7% against 22.5% in South Korea, a difference of 0.2%.

The two have swapped places 10 times across 72 shared years of data; in 1953 it was Thailand ahead.

South Korea ranks 108th and Thailand ranks 107th of 151 countries.

Across the 8 decades both report, South Korea averaged higher in 3 and Thailand in 5.

Head to head by decade

Decade South Korea Thailand Difference Ahead
1950s 19.3% 13.7% 5.6% South Korea
1960s 17.3% 13.6% 3.7% South Korea
1970s 17.0% 16.3% 0.7% South Korea
1980s 15.6% 18.6% 3.0% Thailand
1990s 15.0% 17.4% 2.4% Thailand
2000s 18.0% 20.3% 2.3% Thailand
2010s 18.9% 21.6% 2.7% Thailand
2020s 24.0% 24.4% 0.4% Thailand

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, South Korea or Thailand?
Thailand, at 22.7% 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 South Korea and Thailand?
0.2%, with Thailand ahead.
How many years of comparable data are there for South Korea and Thailand?
72 years are reported by both, from 1953 to 2024.
How do South Korea and Thailand rank globally for government spending as share of gdp vs. gdp per capita?
South Korea ranks 108th and Thailand ranks 107th 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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South Korea vs Thailand: 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/korea-rep/thailand/

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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.