General government expenditure (% of GDP)

Name: General government expenditure (% of GDP)
Creator: World Bank

World BankPeriod 2014~2023Retrieved 2026-11-09

Government spending (all areas, including social welfare) as a share of the economy.

2014: 22.53% → 2023: 28.32% (up 5.79 pp). Highest: 2022 (31.3%).

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General government expenditure (% of GDP) · 2014~2023 (unit: %)
Year	Government expenditure incl. public social protection (% of GDP)
2014	22.5297
2015	22.3728
2016	22.3217
2017	22.7421
2018	23.5674
2019	25.9472
2020	28.0257
2021	28.5465
2022	31.2975
2023	28.3225

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World Bank. (2026). Expense (% of GDP) – Korea, Rep. [Data set]. World Development Indicators. Retrieved November 9, 2026, from https://data.worldbank.org/indicator/GC.XPN.TOTL.GD.ZS?locations=KR

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