South Korea - Expense (% Of GDP)

Expense (% of GDP) in South Korea was reported at 30.49 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Expense (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

South Korea - Expense (% Of GDP)
Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

South Korea | World Bank Development Indicators