The reading right now

As of January 2024, Government expenditure for South Korea stood at 17.5%. That is down 0.29 percentage points from the prior year. Over the trailing five years, the series has averaged 17.2%, ranging from a low of 16.1% in January 2019 to a high of 17.8% in January 2023. The current reading sits 1.5 percentage points above its trailing ten-year mean of 16%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.