Republic of Korea vs Thailand: Historical gov spending gdp

Republic of Korea
22.53
in 2024
Thailand
22.71
in 2024
Republic of Korea rank
108th
Thailand rank
107th

Historical gov spending gdp over time

  • Republic of Korea
  • Thailand
10152025194819862024

How they compare

Thailand currently reports 22.71 against 22.53 in Republic of Korea, a difference of 0.18.

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

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

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

Head to head by decade

Decade Republic of Korea Thailand Difference Ahead
1950s 19.3 13.75 5.56 Republic of Korea
1960s 17.3 13.56 3.74 Republic of Korea
1970s 17.02 16.35 0.6749 Republic of Korea
1980s 15.61 18.6 2.99 Thailand
1990s 15.01 17.39 2.38 Thailand
2000s 17.95 20.28 2.32 Thailand
2010s 18.93 21.61 2.67 Thailand
2020s 24.01 24.37 0.3586 Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher historical gov spending gdp, Republic of Korea or Thailand?
Thailand, at 22.71 against 22.53 in Republic of Korea as of 2024.
What is the difference in historical gov spending gdp between Republic of Korea and Thailand?
0.18, with Thailand ahead.
How many years of comparable data are there for Republic of Korea and Thailand?
72 years are reported by both, from 1953 to 2024.
How do Republic of Korea and Thailand rank globally for historical gov spending gdp?
Republic of Korea ranks 108th and Thailand ranks 107th of 151 countries.
Where does this data come from?
Our World in Data, published as Historical gov spending gdp. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Thailand: Historical gov spending gdp. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://economy.statizoid.com/compare/historical-gov-spending-gdp/korea-rep/thailand/

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About this data

Indicator
Historical gov spending gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed