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South Korea: Government consumption (% of GDP)

Percent of GDP · 1911–2025 · 103 observations · forecasts to 2026 · gcons_GDP

2025
17.3%percent of GDP
Change on 2024
+0.1 pointsfrom 17.2%
Average, 2016–2025
16.4%10 years
Record high and low
17.6% (2022)low 4.75% (1918)

Government consumption (% of GDP)

Report error
4%6%8%10%12%14%16%18%192019401960198020002020South KoreaSouth Korea
ForecastPercent of GDP

Compare with other countries →Definition of Government consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202617.1Forecast
202517.3
202417.2
202317.6
202217.6
202117.0
202017.0
201916.1
201815.1
201714.6
201614.4

Sources

This series is derived from other GMD variables.

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Government consumption (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms