South Korea: Government spending, in dollars

South Korea: Government spending, billion USD

: For that indicator, The World Bank provides data for South Korea from 1960 to 2016. The average value for South Korea during that period was 53.94 billion U.S. dollars with a minumum of 0.28 billion U.S. dollars in 1964 and a maximum of 214.71 billion U.S. dollars in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.