# Expense (% of GDP) — South Korea
> Latest: 28.32 (2023). Change: -9.5% vs 2022.
- Frequency: Annual · Coverage: 1972–2023
- Data updated: 2026-10-08
- Source: World Bank — GC.XPN.TOTL.GD.ZS — https://data.worldbank.org/indicator/GC.XPN.TOTL.GD.ZS?locations=KR
- License: CC BY 4.0
- Interactive chart: https://econdash.org/chart/wdi-gc-xpn-totl-gd-zs/KOR
## Recent values
| Year | Value |
| :--- | :--- |
| 2019 | 25.95 |
| 2020 | 28.03 |
| 2021 | 28.55 |
| 2022 | 31.30 |
| 2023 | 28.32 |
## How to cite
APA: World Bank. (2023). Expense (% of GDP) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-totl-gd-zs/KOR. Original source: https://data.worldbank.org/indicator/GC.XPN.TOTL.GD.ZS?locations=KR
## Full data
Full time series: https://econdash.org/docs/agent-payments (free API trial for core indicators of 10 major economies; otherwise an API key or pay per call)