World Bank WDI · updated 2026-10-15 · 161 economies tracked
28.32 (2023)
#n/a of 161 economies
1.2%
1.85×
1 = global #1 · higher value ranks higher
Real annual global ranks, 1972 - 2024. South Korea climbed from #25 to #40 (overtook Ecuador). Gaps in a lane = missing data that year.
Key events for South Korea ↓Auto-detected from rank data + curated milestones
Currency crisis forces an IMF bailout and deep restructuring.
Rapid reform-driven rebound from the Asian crisis.
Export slump hits growth before a fast recovery.
Economy contracts slightly while exports stay resilient.
GDP, Government Revenue (% of GDP), Tax Revenue as a Percentage of GDP, Government Health Expenditure (% of GDP)
No community estimates yet for Government Expenditure (% of GDP) — be the first.