Fiscal Expenditure in South Korea increased to 595823 KRW Billion in November from 556470 KRW Billion in October of 2022. source: The Bank of Korea

Fiscal Expenditure in South Korea averaged 168474.45 KRW Billion from 1999 until 2022, reaching an all time high of 595823.00 KRW Billion in November of 2022 and a record low of 7012.00 KRW Billion in January of 2002. This page provides - South Korea Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Fiscal Expenditure - values, historical data and charts - was last updated on March of 2023.

Fiscal Expenditure in South Korea is expected to be 210000.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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South Korea Fiscal Expenditure

Related Last Previous Unit Reference
Government Budget Value -50848.00 -43058.00 KRW Billion Nov 2022
Government Spending 90145.20 87475.10 KRW Billion Dec 2022
Government Revenues 544975.00 513411.00 KRW Billion Nov 2022
Fiscal Expenditure 595823.00 556470.00 KRW Billion Nov 2022
Government Spending to GDP 38.10 33.87 percent of GDP Dec 2020

South Korea Fiscal Expenditure
Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation.
Actual Previous Highest Lowest Dates Unit Frequency
595823.00 556470.00 595823.00 7012.00 1999 - 2022 KRW Billion Monthly
Current Prices, NSA, Cumulative