Government spending vs. GDP, per square kilometre in South Korea
South Korea: Government spending vs. GDP, per square kilometre was 3.24 million constant 2015 US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
3.24 million constant 2015 US$ per square kilometre
Change on year
up 1.9%
World rank
13th
of 166 countries
All-time high
3.24 million constant 2015 US$ per square kilometre
in 2023
All-time low
112,776 constant 2015 US$ per square kilometre
in 1961
Years of data
63
1961–2023
Government spending vs. GDP, per square kilometre in South Korea, 1961–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
The most recent figure for government spending vs. gdp, per square kilometre in South Korea is 3.24 million constant 2015 US$ per square kilometre, measured in 2023. That is the highest value across all 63 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 54.8% over ten years.
Over the whole period, government spending vs. gdp, per square kilometre in South Korea peaked at 3.24 million constant 2015 US$ per square kilometre in 2023 and was at its lowest, 112,776 constant 2015 US$ per square kilometre, in 1961.
That places South Korea 13th out of 166 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP, per square kilometre in South Korea, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1961 | 112,776 constant 2015 US$ per square kilometre | — |
| 1962 | 117,338 constant 2015 US$ per square kilometre | +4.0% |
| 1963 | 123,929 constant 2015 US$ per square kilometre | +5.6% |
| 1964 | 123,968 constant 2015 US$ per square kilometre | +0.0% |
| 1965 | 132,008 constant 2015 US$ per square kilometre | +6.5% |
| 1966 | 147,181 constant 2015 US$ per square kilometre | +11.5% |
| 1967 | 160,916 constant 2015 US$ per square kilometre | +9.3% |
| 1968 | 178,004 constant 2015 US$ per square kilometre | +10.6% |
| 1969 | 196,848 constant 2015 US$ per square kilometre | +10.6% |
| 1970 | 211,097 constant 2015 US$ per square kilometre | +7.2% |
| 1971 | 229,161 constant 2015 US$ per square kilometre | +8.6% |
| 1972 | 247,734 constant 2015 US$ per square kilometre | +8.1% |
| 1973 | 253,163 constant 2015 US$ per square kilometre | +2.2% |
| 1974 | 271,425 constant 2015 US$ per square kilometre | +7.2% |
| 1975 | 289,987 constant 2015 US$ per square kilometre | +6.8% |
| 1976 | 291,507 constant 2015 US$ per square kilometre | +0.5% |
| 1977 | 311,545 constant 2015 US$ per square kilometre | +6.9% |
| 1978 | 328,828 constant 2015 US$ per square kilometre | +5.5% |
| 1979 | 347,771 constant 2015 US$ per square kilometre | +5.8% |
| 1980 | 389,282 constant 2015 US$ per square kilometre | +11.9% |
| 1981 | 415,249 constant 2015 US$ per square kilometre | +6.7% |
| 1982 | 424,132 constant 2015 US$ per square kilometre | +2.1% |
| 1983 | 439,422 constant 2015 US$ per square kilometre | +3.6% |
| 1984 | 460,379 constant 2015 US$ per square kilometre | +4.8% |
| 1985 | 475,598 constant 2015 US$ per square kilometre | +3.3% |
| 1986 | 500,463 constant 2015 US$ per square kilometre | +5.2% |
| 1987 | 536,388 constant 2015 US$ per square kilometre | +7.2% |
| 1988 | 581,612 constant 2015 US$ per square kilometre | +8.4% |
| 1989 | 647,116 constant 2015 US$ per square kilometre | +11.3% |
| 1990 | 714,214 constant 2015 US$ per square kilometre | +10.4% |
| 1991 | 748,576 constant 2015 US$ per square kilometre | +4.8% |
| 1992 | 795,222 constant 2015 US$ per square kilometre | +6.2% |
| 1993 | 827,800 constant 2015 US$ per square kilometre | +4.1% |
| 1994 | 855,065 constant 2015 US$ per square kilometre | +3.3% |
| 1995 | 887,492 constant 2015 US$ per square kilometre | +3.8% |
| 1996 | 948,830 constant 2015 US$ per square kilometre | +6.9% |
| 1997 | 971,683 constant 2015 US$ per square kilometre | +2.4% |
| 1998 | 1.01 million constant 2015 US$ per square kilometre | +4.0% |
| 1999 | 1.06 million constant 2015 US$ per square kilometre | +4.9% |
| 2000 | 1.06 million constant 2015 US$ per square kilometre | +0.4% |
| 2001 | 1.12 million constant 2015 US$ per square kilometre | +5.7% |
| 2002 | 1.20 million constant 2015 US$ per square kilometre | +6.3% |
| 2003 | 1.25 million constant 2015 US$ per square kilometre | +4.9% |
| 2004 | 1.31 million constant 2015 US$ per square kilometre | +4.4% |
| 2005 | 1.38 million constant 2015 US$ per square kilometre | +5.4% |
| 2006 | 1.48 million constant 2015 US$ per square kilometre | +7.5% |
| 2007 | 1.58 million constant 2015 US$ per square kilometre | +6.2% |
| 2008 | 1.65 million constant 2015 US$ per square kilometre | +4.6% |
| 2009 | 1.76 million constant 2015 US$ per square kilometre | +6.6% |
| 2010 | 1.86 million constant 2015 US$ per square kilometre | +5.5% |
| 2011 | 1.91 million constant 2015 US$ per square kilometre | +2.9% |
| 2012 | 2.00 million constant 2015 US$ per square kilometre | +4.5% |
| 2013 | 2.09 million constant 2015 US$ per square kilometre | +4.7% |
| 2014 | 2.18 million constant 2015 US$ per square kilometre | +4.3% |
| 2015 | 2.27 million constant 2015 US$ per square kilometre | +3.9% |
| 2016 | 2.36 million constant 2015 US$ per square kilometre | +4.2% |
| 2017 | 2.45 million constant 2015 US$ per square kilometre | +3.7% |
| 2018 | 2.58 million constant 2015 US$ per square kilometre | +5.4% |
| 2019 | 2.75 million constant 2015 US$ per square kilometre | +6.3% |
| 2020 | 2.89 million constant 2015 US$ per square kilometre | +5.2% |
| 2021 | 3.05 million constant 2015 US$ per square kilometre | +5.6% |
| 2022 | 3.18 million constant 2015 US$ per square kilometre | +4.0% |
| 2023 | 3.24 million constant 2015 US$ per square kilometre | +1.9% |
South Korea compared with similar countries
- South Korea's 3.24 million constant 2015 US$ per square kilometre is above the median for high income countries, which is 554,033 constant 2015 US$ per square kilometre, 5.8× the median. (60 countries reporting)
- South Korea's 3.24 million constant 2015 US$ per square kilometre is above the median for East Asia & Pacific, which is 161,582 constant 2015 US$ per square kilometre, 20.0× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 143,663 constant 2015 US$ per square kilometre | 112,776 constant 2015 US$ per square kilometre | 196,848 constant 2015 US$ per square kilometre | 9 |
| 1970s | 278,222 constant 2015 US$ per square kilometre | 211,097 constant 2015 US$ per square kilometre | 347,771 constant 2015 US$ per square kilometre | 10 |
| 1980s | 486,964 constant 2015 US$ per square kilometre | 389,282 constant 2015 US$ per square kilometre | 647,116 constant 2015 US$ per square kilometre | 10 |
| 1990s | 881,975 constant 2015 US$ per square kilometre | 714,214 constant 2015 US$ per square kilometre | 1.06 million constant 2015 US$ per square kilometre | 10 |
| 2000s | 1.38 million constant 2015 US$ per square kilometre | 1.06 million constant 2015 US$ per square kilometre | 1.76 million constant 2015 US$ per square kilometre | 10 |
| 2010s | 2.24 million constant 2015 US$ per square kilometre | 1.86 million constant 2015 US$ per square kilometre | 2.75 million constant 2015 US$ per square kilometre | 10 |
| 2020s | 3.09 million constant 2015 US$ per square kilometre | 2.89 million constant 2015 US$ per square kilometre | 3.24 million constant 2015 US$ per square kilometre | 4 |
Countries ranked near South Korea
- 10 Belgium 4.08 million constant 2015 US$ per square kilometre compare
- 11 San Marino 3.98 million constant 2015 US$ per square kilometre compare
- 12 United States Virgin Islands 3.45 million constant 2015 US$ per square kilometre compare
- 14 Maldives 2.79 million constant 2015 US$ per square kilometre compare
- 15 Qatar 2.72 million constant 2015 US$ per square kilometre compare
- 16 Japan 2.70 million constant 2015 US$ per square kilometre compare
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is government spending vs. gdp, per square kilometre in South Korea?
- Government spending vs. gdp, per square kilometre in South Korea was 3.24 million constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per square kilometre recorded in South Korea?
- The highest recorded value was 3.24 million constant 2015 US$ per square kilometre in 2023.
- What is the lowest government spending vs. gdp, per square kilometre recorded in South Korea?
- The lowest recorded value was 112,776 constant 2015 US$ per square kilometre in 1961.
- How does South Korea rank for government spending vs. gdp, per square kilometre?
- South Korea ranks 13th out of 166 countries with data for 2023.
- Is government spending vs. gdp, per square kilometre rising or falling in South Korea?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Government spending vs. GDP divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ Land area (sq. km)
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Government spending vs. GDP divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.