Composition of government spending (compensation, goods and services, subsidies and transfers)

Name: Composition of government spending (compensation, goods and services, subsidies and transfers)
Creator: World Bank

World BankPeriod 2014~2023Retrieved 2026-11-09

Shares of public employee pay, purchases of goods and services, and transfers such as subsidies and welfare in government spending.

2014: 10.33% → 2023: 8.79% (down 1.55 pp). Highest: 2016 (10.51%).

Tap a point or bar in a chart, a map tile or a table row to see the figure and a plain explanation here.

Composition of government spending (compensation, goods and services, subsidies and transfers) · 2014~2023 (unit: %)
Year	Compensation of employees	Goods & services purchases	Subsidies & transfers
2014	10.3331	13.3527	62.3247
2015	10.312	14.762	61.8478
2016	10.5078	14.8032	62.215
2017	10.2988	13.8982	63.3075
2018	10.2223	11.6002	66.6043
2019	9.617	10.9275	69.0972
2020	9.32	10.8848	69.9875
2021	8.8185	12.0279	70.0739
2022	7.9261	10.8809	72.0403
2023	8.786	12.488	68.503

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Reference (APA 7th)

World Bank. (2026). Compensation of employees (% of expense); Goods and services expense (% of expense); Subsidies and other transfers (% of expense) – Korea, Rep. [Data set]. World Development Indicators. Retrieved November 9, 2026, from https://data.worldbank.org/indicator/GC.XPN.COMP.ZS?locations=KR

Source https://data.worldbank.org/indicator/GC.XPN.COMP.ZS?locations=KR

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Reference (APA 7th)

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