{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"government-spending-by-function","source":"OECD (2026) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/government-spending-by-function","title":"Government spending by function","unit":"% of government expenditure"},"observations":[{"date":"2007-01-01","value":16.622},{"date":"2008-01-01","value":17.128},{"date":"2009-01-01","value":16.794},{"date":"2010-01-01","value":17.819},{"date":"2011-01-01","value":18.531},{"date":"2012-01-01","value":19.697},{"date":"2013-01-01","value":20.595},{"date":"2014-01-01","value":21.545},{"date":"2015-01-01","value":22.068},{"date":"2016-01-01","value":22.384},{"date":"2017-01-01","value":22.362},{"date":"2018-01-01","value":22.318},{"date":"2019-01-01","value":22.664},{"date":"2020-01-01","value":24.501},{"date":"2021-01-01","value":24.14},{"date":"2022-01-01","value":24.361},{"date":"2023-01-01","value":26.159}],"summary":{"latest_period":"2023-01-01","latest_value":26.159,"max":26.159,"mean":21.1581,"min":16.622,"of":37,"rank":32,"trend":"rising"}}