Share of government consumption in GDP vs. GDP per capita in Republic of Korea
Republic of Korea: Share of government consumption in GDP vs. GDP per capita was 18.6% in 2023. ▼ Falling
Latest (2023)
18.6%
Change on year
up 0.1%
World rank
104th
of 184 countries
All-time high
19.0%
in 1953
All-time low
10.1%
in 1999
Years of data
71
1953–2023
Share of government consumption in GDP vs. GDP per capita in Republic of Korea, 1953–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Republic of Korea recorded 18.6% for share of government consumption in gdp vs. gdp per capita in 2023.
That represents a change of up 0.1% on the previous year and up 29.1% over ten years.
Over the whole period, share of government consumption in gdp vs. gdp per capita in Republic of Korea peaked at 19.0% in 1953 and was at its lowest, 10.1%, in 1999.
That places Republic of Korea 104th out of 184 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 71 years of available data.
Share of government consumption in GDP vs. GDP per capita in Republic of Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1953 | 19.0% | — |
| 1954 | 18.1% | -5.0% |
| 1955 | 17.8% | -1.6% |
| 1956 | 18.8% | +5.9% |
| 1957 | 17.6% | -6.4% |
| 1958 | 18.2% | +3.1% |
| 1959 | 17.6% | -3.0% |
| 1960 | 17.6% | -0.4% |
| 1961 | 16.6% | -5.6% |
| 1962 | 16.7% | +0.9% |
| 1963 | 15.7% | -6.1% |
| 1964 | 14.4% | -8.1% |
| 1965 | 14.6% | +1.4% |
| 1966 | 14.4% | -1.5% |
| 1967 | 15.0% | +4.2% |
| 1968 | 14.9% | -0.9% |
| 1969 | 14.5% | -2.9% |
| 1970 | 14.3% | -1.0% |
| 1971 | 14.3% | -0.4% |
| 1972 | 14.8% | +4.1% |
| 1973 | 13.4% | -9.6% |
| 1974 | 13.3% | -1.0% |
| 1975 | 13.6% | +1.9% |
| 1976 | 12.3% | -9.3% |
| 1977 | 11.9% | -3.4% |
| 1978 | 11.2% | -5.3% |
| 1979 | 11.0% | -1.9% |
| 1980 | 13.0% | +18.1% |
| 1981 | 13.6% | +4.3% |
| 1982 | 13.2% | -3.0% |
| 1983 | 12.3% | -6.4% |
| 1984 | 12.0% | -2.6% |
| 1985 | 12.1% | +0.7% |
| 1986 | 11.5% | -5.0% |
| 1987 | 11.2% | -2.9% |
| 1988 | 11.0% | -1.4% |
| 1989 | 11.5% | +4.6% |
| 1990 | 11.2% | -2.6% |
| 1991 | 10.7% | -4.3% |
| 1992 | 11.2% | +4.0% |
| 1993 | 11.1% | -0.2% |
| 1994 | 10.8% | -3.2% |
| 1995 | 10.5% | -3.1% |
| 1996 | 10.4% | -0.7% |
| 1997 | 10.2% | -1.3% |
| 1998 | 11.3% | +10.0% |
| 1999 | 10.1% | -10.5% |
| 2000 | 10.1% | +0.3% |
| 2001 | 11.4% | +12.5% |
| 2002 | 12.2% | +7.6% |
| 2003 | 12.0% | -1.8% |
| 2004 | 11.4% | -5.4% |
| 2005 | 11.2% | -1.7% |
| 2006 | 11.5% | +2.6% |
| 2007 | 11.4% | -0.5% |
| 2008 | 11.9% | +3.8% |
| 2009 | 13.0% | +9.2% |
| 2010 | 13.0% | +0.5% |
| 2011 | 13.5% | +4.0% |
| 2012 | 13.6% | +0.7% |
| 2013 | 14.4% | +5.9% |
| 2014 | 15.0% | +3.9% |
| 2015 | 14.4% | -3.7% |
| 2016 | 14.5% | +0.3% |
| 2017 | 14.9% | +2.6% |
| 2018 | 16.4% | +10.2% |
| 2019 | 16.9% | +3.2% |
| 2020 | 18.0% | +6.3% |
| 2021 | 18.5% | +2.9% |
| 2022 | 18.6% | +0.7% |
| 2023 | 18.6% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 18.2% | 17.6% | 19.0% | 7 |
| 1960s | 15.4% | 14.4% | 17.6% | 10 |
| 1970s | 13.0% | 11.0% | 14.8% | 10 |
| 1980s | 12.1% | 11.0% | 13.6% | 10 |
| 1990s | 10.8% | 10.1% | 11.3% | 10 |
| 2000s | 11.6% | 10.1% | 13.0% | 10 |
| 2010s | 14.7% | 13.0% | 16.9% | 10 |
| 2020s | 18.4% | 18.0% | 18.6% | 4 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Exports of goods and services (current LCU), annual growth rate 7.46 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 650.96 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 23.58 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 4.22 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4777 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 17,305 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -5.81 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2833 current US$ per US$ of GDP (2025)
- Gross fixed capital formation (current US$), per capita 10,263 current US$ per person (2025)
- Gross fixed capital formation (current LCU), per unit of GDP 402.98 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is share of government consumption in gdp vs. gdp per capita in Republic of Korea?
- Share of government consumption in gdp vs. gdp per capita in Republic of Korea was 18.6% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of government consumption in gdp vs. gdp per capita recorded in Republic of Korea?
- The highest recorded value was 19.0% in 1953.
- What is the lowest share of government consumption in gdp vs. gdp per capita recorded in Republic of Korea?
- The lowest recorded value was 10.1% in 1999.
- How does Republic of Korea rank for share of government consumption in gdp vs. gdp per capita?
- Republic of Korea ranks 104th out of 184 countries with data for 2023.
- Is share of government consumption in gdp vs. gdp per capita rising or falling in Republic of Korea?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of government consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Government consumption divided by gross domestic product, expressed as a percentage.