Fiscal Expenditure in South Korea increased to 223066 KRW Billion in April from 174100 KRW Billion in March of 2021. source: The Bank of Korea

Fiscal Expenditure in South Korea averaged 152493.33 KRW Billion from 1999 until 2021, reaching an all time high of 472025 KRW Billion in November of 2020 and a record low of 7012 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 June of 2021.

Fiscal Expenditure in South Korea is expected to be 415000.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in South Korea to stand at 415000.00 in 12 months time. In the long-term, the South Korea Fiscal Expenditure is projected to trend around 415000.00 KRW Billion in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea Fiscal Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
223066.00 174100.00 472025.00 7012.00 1999 - 2021 KRW Billion Monthly
Current Prices, NSA, Cumulative

South Korea Government Last Previous Highest Lowest Unit
Government Debt to GDP 42.60 36.40 42.60 8.24 percent of GDP [+]
Government Budget -6.10 -2.60 3.47 -6.10 percent of GDP [+]
Government Budget Value -16347.00 -30104.00 42914.00 -89971.00 KRW Billion [+]
Government Spending 81349.10 79988.00 81349.10 2925.40 KRW Billion [+]
Government Revenues 206719.00 143996.00 443853.00 14987.00 KRW Billion [+]
Fiscal Expenditure 223066.00 174100.00 472025.00 7012.00 KRW Billion [+]
Military Expenditure 46056.00 43891.00 46056.00 189.00 USD Million [+]
Credit Rating 86.00 [+]
Asylum Applications 15451.00 16173.00 16173.00 4.00 Persons [+]
Government Spending To GDP 31.15 30.27 34.90 18.60 percent of GDP [+]


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.