Oecd expenditures on government outsourcing gdp in Republic of Korea
Republic of Korea: Oecd expenditures on government outsourcing gdp was 9.34 in 2024. ▲ Rising
Oecd expenditures on government outsourcing gdp in Republic of Korea, 2009–2024
Source: Our World in Data.
Analysis
Republic of Korea recorded 9.34 for oecd expenditures on government outsourcing gdp in 2024.
That represents a change of down 2.6% on the previous year and up 23.0% over ten years.
Over the whole period, oecd expenditures on government outsourcing gdp in Republic of Korea peaked at 9.59 in 2023 and was at its lowest, 6.98, in 2009.
Republic of Korea ranks 23rd of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Oecd expenditures on government outsourcing gdp in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 6.98 | — |
| 2010 | 7.01 | +0.4% |
| 2011 | 7.11 | +1.4% |
| 2012 | 7.26 | +2.1% |
| 2013 | 7.46 | +2.7% |
| 2014 | 7.59 | +1.8% |
| 2015 | 7.62 | +0.4% |
| 2016 | 7.69 | +0.9% |
| 2017 | 7.7 | +0.1% |
| 2018 | 7.99 | +3.8% |
| 2019 | 8.51 | +6.4% |
| 2020 | 8.85 | +4.1% |
| 2021 | 9.08 | +2.5% |
| 2022 | 9.51 | +4.7% |
| 2023 | 9.59 | +0.9% |
| 2024 | 9.34 | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.98 | 6.98 | 6.98 | 1 |
| 2010s | 7.59 | 7.01 | 8.51 | 10 |
| 2020s | 9.27 | 8.85 | 9.59 | 5 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- GDP (constant 2015 US$), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 37,470 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,237 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 44.80 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
Frequently asked questions
- What is oecd expenditures on government outsourcing gdp in Republic of Korea?
- Oecd expenditures on government outsourcing gdp in Republic of Korea was 9.34 in 2024, according to Our World in Data.
- What is the highest oecd expenditures on government outsourcing gdp recorded in Republic of Korea?
- The highest recorded value was 9.59 in 2023.
- What is the lowest oecd expenditures on government outsourcing gdp recorded in Republic of Korea?
- The lowest recorded value was 6.98 in 2009.
- How does Republic of Korea rank for oecd expenditures on government outsourcing gdp?
- Republic of Korea ranks 23rd out of 43 countries with data for 2024.
- Is oecd expenditures on government outsourcing gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 23.0%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Our World in Data, published as part of Oecd expenditures on government outsourcing gdp. Statizoid updates them automatically from the source API.
Download this data
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