Share of employee compensation in public spending in Republic of Korea
Republic of Korea: Share of employee compensation in public spending was 8.79 in 2023. ▼ Falling
Latest (2023)
8.79
Change on year
up 10.8%
World rank
146th
of 155 countries
All-time high
18.82
in 1977
All-time low
7.93
in 2022
Years of data
52
1972–2023
Share of employee compensation in public spending in Republic of Korea, 1972–2023
Source: Our World in Data.
Analysis
In 2023, share of employee compensation in public spending in Republic of Korea stood at 8.79.
Compared with earlier readings it is up 10.8% on the previous year and down 13.4% over ten years.
Over the whole period, share of employee compensation in public spending in Republic of Korea peaked at 18.82 in 1977 and was at its lowest, 7.93, in 2022.
That places Republic of Korea 146th out of 155 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 52 years of available data.
Share of employee compensation in public spending in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 16.94 | — |
| 1973 | 18.24 | +7.6% |
| 1974 | 15.35 | -15.8% |
| 1975 | 15.42 | +0.4% |
| 1976 | 16.6 | +7.7% |
| 1977 | 18.82 | +13.3% |
| 1978 | 17.63 | -6.3% |
| 1979 | 16.39 | -7.0% |
| 1980 | 17.66 | +7.7% |
| 1981 | 17.58 | -0.5% |
| 1982 | 16.29 | -7.3% |
| 1983 | 17.38 | +6.7% |
| 1984 | 16.32 | -6.1% |
| 1985 | 15.45 | -5.3% |
| 1986 | 15.1 | -2.3% |
| 1987 | 14.58 | -3.5% |
| 1988 | 14.53 | -0.3% |
| 1989 | 13.81 | -5.0% |
| 1990 | 14.2 | +2.8% |
| 1991 | 14.21 | +0.0% |
| 1992 | 14.43 | +1.6% |
| 1993 | 14.5 | +0.5% |
| 1994 | 13.77 | -5.1% |
| 1995 | 15.05 | +9.4% |
| 1996 | 14.37 | -4.5% |
| 1997 | 14.27 | -0.8% |
| 1998 | 12.2 | -14.5% |
| 1999 | 11.45 | -6.1% |
| 2000 | 11.12 | -2.9% |
| 2001 | 10.73 | -3.5% |
| 2002 | 11.4 | +6.2% |
| 2003 | 10.45 | -8.3% |
| 2004 | 11.67 | +11.6% |
| 2005 | 11.45 | -1.9% |
| 2006 | 11.11 | -3.0% |
| 2007 | 11.07 | -0.4% |
| 2008 | 10.84 | -2.0% |
| 2009 | 10.1 | -6.9% |
| 2010 | 10.27 | +1.8% |
| 2011 | 10.12 | -1.5% |
| 2012 | 9.81 | -3.1% |
| 2013 | 10.14 | +3.4% |
| 2014 | 10.33 | +1.9% |
| 2015 | 10.31 | -0.2% |
| 2016 | 10.51 | +1.9% |
| 2017 | 10.3 | -2.0% |
| 2018 | 10.22 | -0.7% |
| 2019 | 9.62 | -5.9% |
| 2020 | 9.32 | -3.1% |
| 2021 | 8.82 | -5.4% |
| 2022 | 7.93 | -10.1% |
| 2023 | 8.79 | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.92 | 15.35 | 18.82 | 8 |
| 1980s | 15.87 | 13.81 | 17.66 | 10 |
| 1990s | 13.85 | 11.45 | 15.05 | 10 |
| 2000s | 10.99 | 10.1 | 11.67 | 10 |
| 2010s | 10.16 | 9.62 | 10.51 | 10 |
| 2020s | 8.71 | 7.93 | 9.32 | 4 |
Countries ranked near Republic of Korea
- 143 Republic of Moldova 9.48 compare
- 144 Mexico 9.2 compare
- 145 Sweden 9.17 compare
- 147 United States of America 8.11 compare
- 148 Netherlands 7.81 compare
- 149 Finland 7.14 compare
More work & labour data for Republic of Korea
- Persons outside the labour force (ILO modelled estimates) 16,840 (2027)
- Labour force participation rate (ILO modelled estimates) 63.91 (2027)
- Labour force (ILO modelled estimates) 29,824 (2027)
- Employment-to-population ratio (ILO modelled estimates) 62.02 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 0.9719 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate -0.1065 % change on previous year (2027)
- Legislation on sexual harassment in employment 1 (2023)
- Criminal penalties or civil remedies sexual harassment in employment 1 (2023)
- Women can take the same jobs as men 1 (2023)
- Labor force participation rate, total (% of total population ages 15+) 64.4% (2025)
Frequently asked questions
- What is share of employee compensation in public spending in Republic of Korea?
- Share of employee compensation in public spending in Republic of Korea was 8.79 in 2023, according to Our World in Data.
- What is the highest share of employee compensation in public spending recorded in Republic of Korea?
- The highest recorded value was 18.82 in 1977.
- What is the lowest share of employee compensation in public spending recorded in Republic of Korea?
- The lowest recorded value was 7.93 in 2022.
- How does Republic of Korea rank for share of employee compensation in public spending?
- Republic of Korea ranks 146th out of 155 countries with data for 2023.
- Is share of employee compensation in public spending rising or falling in Republic of Korea?
- Over the last ten years it is down 13.4%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from Our World in Data, published as part of Share of employee compensation in public spending. Statizoid updates them automatically from the source API.
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