Public Sector in Korea 24 indicators covering public sector for Korea. IndicatorLatest Year10-yr change Rank Government budget allocations for R&D — Government Allocations for R&D 28,685 US dollars, PPP converted 2024 up 22.6% 2nd Annual government non-financial accounts and key indicators -37.48 million National currency 2024 down 304.4% 3rd Annual government non-financial accounts and key indicators (Revenue) 28.43 million National currency 2024 up 172.1% 1st Annual government non-financial accounts and key indicators 115.94 million National currency 2024 up 74.2% 1st Annual government non-financial accounts and key indicators (Revenue) 858.80 million National currency 2024 up 73.9% 1st Annual government non-financial accounts and key indicators 169.17 million National currency 2024 up 66.6% 1st NAAG Chapter 6: Government — Compensation of employees by general 6.6 Percentage of GDP 2024 up 7.3% 2nd Annual government expenditure by function (COFOG) — Gross fixed 113.41 million National currency 2023 up 60.4% 1st Annual government expenditure by function (COFOG) — Gross capital 117.77 million National currency 2023 up 45.8% 1st Annual government expenditure by function (COFOG) — Compensation of 159.16 million National currency 2023 up 67.6% 1st NAAG Chapter 6A: Government expenditure by function — Expenditure by 35.6 Percentage of GDP 2023 up 23.7% 2nd Composition of General Services Support Estimate — Cost of public 16.8 Percentage of general services support estimate 2024 up 142.7% 1st Subnational government expenditure 35.05 Percentage of GDP 2024 up 20.8% 2nd Subnational government revenue 33.59 Percentage of GDP 2024 up 11.4% 2nd Institutional Investors' Indicators — Financial assets of pension 21.09 Percentage of GDP 2025 up 168.0% 1st Institutional Investors' Indicators — Financial liabilities of 20.76 Percentage of GDP 2025 up 164.3% 1st Size of public procurement - government at a glance indicators, 2025 13.99 Percentage of GDP 2023 up 17.0% 2nd Bibliometric indicators, by Sustainable Development Goals (SDGs) 4,380 Scientific publications 2024 up 61.9% 3rd NAAG Chapter 6: General Government — Intermediate consumption by 3.66 Percentage of GDP 2024 up 3.7% 2nd NAAG Chapter 6: General Government — Other expenditure by general 7.75 Percentage of GDP 2024 up 8.5% 1st Size of public procurement - Government at a glance indicators, 2023 14.49 Percentage of GDP 2021 up 17.7% 1st Asset-backed pensions - main database — Employee contributions 73.55 Percentage change 2009 up 1,790.8% 1st Asset-backed pensions - main database — Employer contributions -100 Percentage change 2008 down 485.5% 2nd Asset-backed pensions - main database — Net technical provisions 85.89 Percentage change 2009 up 742.8% 1st