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South Korea Subsidies and other transfers (current LCU) 2026: Interactive Chart & Historical Data

Subsidies and other transfers (current LCU) in South Korea stood at 484.6 trillion in 2024, according to World Bank. The latest value is up 3.7% from 467.3 trillion in 2023. Ten years earlier, in 2014, the value was 230.1 trillion (up 111% since). The highest value since 1987 was 523.9 trillion in 2022, the lowest 379 billion in 1987. South Korea had the highest value of the 109 countries in this dataset in 2023.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1970–2024

Key facts

What is the latest Subsidies and other transfers (current LCU) in South Korea?

Subsidies and other transfers (current LCU) in South Korea stood at 484.6 trillion in 2024, according to World Bank.

Is Subsidies and other transfers (current LCU) in South Korea rising or falling?

The latest value is up 3.7% from 467.3 trillion in 2023. Ten years earlier, in 2014, the value was 230.1 trillion (up 111% since).

How does South Korea rank for Subsidies and other transfers (current LCU)?

South Korea had the highest value of the 109 countries in this dataset in 2023.

What is the highest Subsidies and other transfers (current LCU) on record in South Korea?

The highest value since 1987 was 523.9 trillion in 2022, the lowest 379 billion in 1987.

Metadata for Subsidies and other transfers (current LCU) in South Korea
IndicatorSubsidies and other transfers (current LCU)
CountrySouth Korea
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 484.6 trillion (2024)

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Source:World Bank — series GC.XPN.TRFT.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Subsidies and other transfers (current LCU) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-trft-cn/KOR. Original source: https://data.worldbank.org/indicator/GC.XPN.TRFT.CN?locations=KR

MLA

World Bank. "Subsidies and other transfers (current LCU) — South Korea." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-trft-cn/KOR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.TRFT.CN?locations=KR.

Chicago

World Bank. 2026. "Subsidies and other transfers (current LCU) — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-trft-cn/KOR. Original source: https://data.worldbank.org/indicator/GC.XPN.TRFT.CN?locations=KR.

BibTeX
@misc{econdash_wdi_gc_xpn_trft_cn_kor,
  author = {{World Bank}},
  title = {{Subsidies and other transfers (current LCU) --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-trft-cn/KOR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.TRFT.CN?locations=KR}
}