Australia vs South Korea: Government procurement spending as share of total government spending

Australia

47.7%

in 2024

South Korea

39.6%

in 2024

Australia rank

1st

South Korea rank

4th

Government procurement spending as share of total government spending over time

Australia currently reports 47.7% against 39.6% in South Korea, a difference of 8.2%.

That makes Australia's figure about 1.2 times South Korea's.

The two have swapped places 3 times across 18 shared years of data; in 2007 it was South Korea ahead.

Australia ranks 1st and South Korea ranks 4th of 42 countries.

Indicator: Government procurement spending as share of total government spending
Unit: % of government expenditure
Source: OECD (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 42 places, 741 data points, 2007–2024
Last refreshed: 07 August 2026

This data is divided by total government expenditure, expressed as a percentage.