South Korea – Government Spending

South Korea Government Spending

South Korea government spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 17.65%.

COUNTRY: South Korea

UNIT: percent of GDP

SOURCE: World Bank / public data sources

UPDATED: 2026-09-17 14:30:09

GM ECONOMY RATING

South Korea · Economic Stability Rating

Composite rating based on inflation, growth, debt, unemployment and current account.

76 / 100

Strong stability

Fiscal stability

13.0 / 25

Macroeconomic stability

16.0 / 20

External stability

8.0 / 15

Financial robustness

15.0 / 15

Structural stability

14.0 / 15

Future capacity

10.0 / 10

Demographic capacity

4.0 / 5

Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.

Time range:

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