South Korea - Expense (% of GDP)

Expense (% of GDP) in South Korea was reported at 24.99 % in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south korea expense percent of gdp wb data




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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 | Economy & Growth