{"entity":{"iso2":"KR","iso3":"KOR","name":"Republic of Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","source":"Feenstra et al. - Penn World Table (2025) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/share-of-government-consumption-in-gdp-vs-share-in-extreme-poverty","title":"Share of government consumption in GDP vs. share of population living in extreme poverty","unit":"% of GDP"},"observations":[{"date":"1953-01-01","value":19.0207},{"date":"1954-01-01","value":18.0667},{"date":"1955-01-01","value":17.774},{"date":"1956-01-01","value":18.8283},{"date":"1957-01-01","value":17.6287},{"date":"1958-01-01","value":18.1742},{"date":"1959-01-01","value":17.6296},{"date":"1960-01-01","value":17.5643},{"date":"1961-01-01","value":16.5779},{"date":"1962-01-01","value":16.7244},{"date":"1963-01-01","value":15.7069},{"date":"1964-01-01","value":14.4403},{"date":"1965-01-01","value":14.6392},{"date":"1966-01-01","value":14.4219},{"date":"1967-01-01","value":15.0282},{"date":"1968-01-01","value":14.8974},{"date":"1969-01-01","value":14.4596},{"date":"1970-01-01","value":14.3108},{"date":"1971-01-01","value":14.2516},{"date":"1972-01-01","value":14.8417},{"date":"1973-01-01","value":13.4216},{"date":"1974-01-01","value":13.294},{"date":"1975-01-01","value":13.5523},{"date":"1976-01-01","value":12.2921},{"date":"1977-01-01","value":11.8736},{"date":"1978-01-01","value":11.2486},{"date":"1979-01-01","value":11.0393},{"date":"1980-01-01","value":13.0345},{"date":"1981-01-01","value":13.5891},{"date":"1982-01-01","value":13.1878},{"date":"1983-01-01","value":12.34},{"date":"1984-01-01","value":12.0172},{"date":"1985-01-01","value":12.1021},{"date":"1986-01-01","value":11.4968},{"date":"1987-01-01","value":11.1608},{"date":"1988-01-01","value":11.0031},{"date":"1989-01-01","value":11.5122},{"date":"1990-01-01","value":11.2178},{"date":"1991-01-01","value":10.741},{"date":"1992-01-01","value":11.1717},{"date":"1993-01-01","value":11.146},{"date":"1994-01-01","value":10.7935},{"date":"1995-01-01","value":10.4553},{"date":"1996-01-01","value":10.3859},{"date":"1997-01-01","value":10.2459},{"date":"1998-01-01","value":11.267},{"date":"1999-01-01","value":10.0842},{"date":"2000-01-01","value":10.1115},{"date":"2001-01-01","value":11.3719},{"date":"2002-01-01","value":12.2406},{"date":"2003-01-01","value":12.0214},{"date":"2004-01-01","value":11.3704},{"date":"2005-01-01","value":11.1823},{"date":"2006-01-01","value":11.4786},{"date":"2007-01-01","value":11.4171},{"date":"2008-01-01","value":11.8562},{"date":"2009-01-01","value":12.9504},{"date":"2010-01-01","value":13.0112},{"date":"2011-01-01","value":13.5326},{"date":"2012-01-01","value":13.6284},{"date":"2013-01-01","value":14.432},{"date":"2014-01-01","value":14.9994},{"date":"2015-01-01","value":14.4431},{"date":"2016-01-01","value":14.4878},{"date":"2017-01-01","value":14.8579},{"date":"2018-01-01","value":16.3798},{"date":"2019-01-01","value":16.8988},{"date":"2020-01-01","value":17.9563},{"date":"2021-01-01","value":18.486},{"date":"2022-01-01","value":18.6105},{"date":"2023-01-01","value":18.6337}],"summary":{"latest_period":"2023-01-01","latest_value":18.6337,"max":19.0207,"mean":13.7608,"min":10.0842,"of":184,"rank":104,"trend":"falling"}}