Government consumption in US dollars — all countries

Government consumption in US dollars — South Korea

Government consumption in US dollars in South Korea in 2025 — 330,430,474,924 US$. Ranked 12 in the world out of 132. Since 1960, the indicator has risen by 58,491.1%.

2025 330B US$ +0.77% vs 2024
World rank 12of 132
Period maximum 331B US$2021
Period minimum 279M US$1965

Trend over time

1960–2025 · US$

Government consumption in US dollars — South Korea, 1960–20250100B200B300B400B19601967197419811988199520022009201620231960: 563,960,396 US$1962: 381,538,462 US$1964: 283,848,196 US$1966: 380,338,140 US$1968: 621,373,963 US$1970: 890,983,199 US$1972: 1,137,201,822 US$1974: 1,877,259,888 US$1976: 3,233,471,074 US$1978: 5,149,380,165 US$1980: 7,739,296,136 US$1982: 9,161,188,274 US$1984: 10,205,765,483 US$1986: 11,903,511,266 US$1988: 19,708,851,361 US$1990: 30,981,504,857 US$1992: 39,203,316,002 US$1994: 47,668,803,546 US$1996: 63,817,999,131 US$1998: 44,154,687,829 US$2000: 63,129,074,258 US$2002: 73,564,511,793 US$2004: 97,849,141,095 US$2006: 140,252,966,488 US$2008: 145,922,945,008 US$2010: 161,081,057,711 US$2012: 186,983,268,736 US$2014: 225,454,769,956 US$2016: 228,053,507,701 US$2018: 276,196,451,927 US$2020: 296,192,772,848 US$2022: 317,370,055,205 US$2024: 327,904,281,654 US$2025: 330,430,474,924 US$
Change over the period: +330B (+58,491.08%) Average annual rate: 10.3 %
Government consumption in US dollars — South Korea, by year South Korea All countries CSV XLSX
Year US$ Change Change, %
2025 330B +2.53B +0.77%
2024 328B −12.47M −0%
2023 328B +10.55B +3.32%
2022 317B −13.3B −4.02%
2021 331B +34.48B +11.64%
2020 296B +14.92B +5.31%
2019 281B +5.07B +1.84%
2018 276B +26.95B +10.81%
2017 249B +21.19B +9.29%
2016 228B +7.23B +3.27%
2015 221B −4.63B −2.05%
2014 225B +20.88B +10.2%
2013 205B +17.6B +9.41%
2012 187B +7.8B +4.35%
2011 179B +18.1B +11.24%
2010 161B +23.89B +17.41%
2009 137B −8.73B −5.98%
2008 146B −10.67B −6.81%
2007 157B +16.34B +11.65%
2006 140B +20.4B +17.02%
2005 120B +22.01B +22.49%
2004 97.85B +12.67B +14.87%
2003 85.18B +11.62B +15.79%
2002 73.56B +9.14B +14.19%
2001 64.42B +1.29B +2.05%
2000 63.13B +7.56B +13.61%
1999 55.57B +11.41B +25.85%
1998 44.15B −14.54B −24.77%
1997 58.69B −5.13B −8.03%
1996 63.82B +6.69B +11.72%
1995 57.12B +9.46B +19.84%
1994 47.67B +5.5B +13.04%
1993 42.17B +2.97B +7.57%
1992 39.2B +3.84B +10.87%
1991 35.36B +4.38B +14.14%
1990 30.98B +4.55B +17.22%
1989 26.43B +6.72B +34.1%
1988 19.71B +5.01B +34.11%
1987 14.7B +2.79B +23.46%
1986 11.9B +1.25B +11.75%
1985 10.65B +447M +4.38%
1984 10.21B +516M +5.32%
1983 9.69B +529M +5.77%
1982 9.16B +444M +5.1%
1981 8.72B +978M +12.63%
1980 7.74B +1.18B +18.04%
1979 6.56B +1.41B +27.32%
1978 5.15B +1.03B +25.03%
1977 4.12B +885M +27.37%
1976 3.23B +818M +33.84%
1975 2.42B +539M +28.69%
1974 1.88B +645M +52.29%
1973 1.23B +95.47M +8.4%
1972 1.14B +129M +12.79%
1971 1.01B +117M +13.16%
1970 891M +129M +16.97%
1969 762M +140M +22.59%
1968 621M +142M +29.6%
1967 479M +99.11M +26.06%
1966 380M +101M +36.19%
1965 279M −4.57M −1.61%
1964 284M −136M −32.42%
1963 420M +38.46M +10.08%
1962 382M +60.2M +18.74%
1961 321M −243M −43.02%
1960 564M

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Government final consumption expenditure in current US dollars: compensation of employees in the public sector, purchases of goods and services for the current work of the state, and spending on defense and security. This is not the whole budget: pensions, benefits and other transfers are left out because they are recorded as household income, while public investment is recorded as capital formation. The quantity therefore comes to roughly two thirds of total budget expense, not all of it.

Important: Not to be confused with budget expense: transfers and capital outlays are not counted here. This same indicator serves as the weight when aggregating military spending as a share of government spending.

Source: World Development Indicators (World Bank), license CC BY 4.0.