Wage bill as a percentage of Public Expenditure in Republic of Korea
Republic of Korea: Wage bill as a percentage of Public Expenditure was 30.5% in 2019. ▼ Falling
Wage bill as a percentage of Public Expenditure in Republic of Korea, 2000–2019
Source: World Bank.
Analysis
Republic of Korea recorded 30.5% for wage bill as a percentage of public expenditure in 2019. That is the lowest value across all 20 years on record.
The figure is down 5.6% on the previous year and down 6.7% over ten years.
Over the whole period, wage bill as a percentage of public expenditure in Republic of Korea peaked at 36.0% in 2002 and was at its lowest, 30.5%, in 2019.
Republic of Korea ranks 53rd of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Wage bill as a percentage of Public Expenditure in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 35.3% | — |
| 2001 | 34.1% | -3.5% |
| 2002 | 36.0% | +5.7% |
| 2003 | 33.0% | -8.4% |
| 2004 | 32.3% | -2.2% |
| 2005 | 34.2% | +6.1% |
| 2006 | 33.6% | -1.9% |
| 2007 | 33.0% | -1.6% |
| 2008 | 33.1% | +0.0% |
| 2009 | 32.7% | -1.1% |
| 2010 | 33.0% | +0.9% |
| 2011 | 32.1% | -2.8% |
| 2012 | 31.5% | -1.7% |
| 2013 | 31.8% | +0.8% |
| 2014 | 32.6% | +2.7% |
| 2015 | 32.4% | -0.6% |
| 2016 | 32.7% | +0.9% |
| 2017 | 32.5% | -0.6% |
| 2018 | 32.3% | -0.6% |
| 2019 | 30.5% | -5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.7% | 32.3% | 36.0% | 10 |
| 2010s | 32.2% | 30.5% | 33.0% | 10 |
Countries ranked near Republic of Korea
More reference data data for Republic of Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is wage bill as a percentage of public expenditure in Republic of Korea?
- Wage bill as a percentage of public expenditure in Republic of Korea was 30.5% in 2019, according to the World Bank.
- What is the highest wage bill as a percentage of public expenditure recorded in Republic of Korea?
- The highest recorded value was 36.0% in 2002.
- What is the lowest wage bill as a percentage of public expenditure recorded in Republic of Korea?
- The lowest recorded value was 30.5% in 2019.
- How does Republic of Korea rank for wage bill as a percentage of public expenditure?
- Republic of Korea ranks 53rd out of 191 countries with data for 2019.
- Is wage bill as a percentage of public expenditure rising or falling in Republic of Korea?
- Over the last ten years it is down 6.7%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from the World Bank, published as part of Wage bill as a percentage of Public Expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).