Government Spending in South Korea increased to 80247.40 KRW Billion in the third quarter of 2020 from 80151.90 KRW Billion in the second quarter of 2020. source: The Bank of Korea
Government Spending in South Korea averaged 25390.11 KRW Billion from 1960 until 2020, reaching an all time high of 80247.40 KRW Billion in the third quarter of 2020 and a record low of 2925.40 KRW Billion in the third quarter of 1961. This page provides - South Korea Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Spending - values, historical data and charts - was last updated on January of 2021.
Government Spending in South Korea is expected to be 79210.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in South Korea to stand at 82254.00 in 12 months time. In the long-term, the South Korea Government Spending is projected to trend around 81587.00 KRW Billion in 2021 and 83626.00 KRW Billion in 2022, according to our econometric models.