Barbados vs South Korea: Central government spending as share of GDP
Barbados
28.8%
in 2016
South Korea
28.3%
in 2023
Barbados rank
63rd
South Korea rank
66th
Central government spending as share of GDP over time
- Barbados
- South Korea
How they compare
Barbados currently reports 28.8% against 28.3% in South Korea, a difference of 0.5%.
Across all 14 years both countries report, Barbados has been ahead every year.
Barbados ranks 63rd and South Korea ranks 66th of 157 countries.
Barbados has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Barbados | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.8% | 17.4% | 11.5% | Barbados |
| 2010s | 28.6% | 21.2% | 7.5% | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government spending as share of gdp, Barbados or South Korea?
- Barbados, at 28.8% against 28.3% in South Korea as of 2016.
- What is the difference in central government spending as share of gdp between Barbados and South Korea?
- 0.5%, with Barbados ahead.
- How many years of comparable data are there for Barbados and South Korea?
- 14 years are reported by both, from 2003 to 2016.
- How do Barbados and South Korea rank globally for central government spending as share of gdp?
- Barbados ranks 63rd and South Korea ranks 66th of 157 countries.
- Where does this data come from?
- International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as Central government spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Central government expense (cash payments for operating activities of the government in providing goods and services), as share of GDP. It excludes capital investment, such as infrastructure or equipment.