Government Spending in South Korea increased to 78781.50 KRW Billion in the fourth quarter of 2019 from 76796.50 KRW Billion in the third quarter of 2019.
Government Spending in South Korea averaged 24287.07 KRW Billion from 1960 until 2019, reaching an all time high of 78781.50 KRW Billion in the fourth quarter of 2019 and a record low of 2742.81 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. source: The Bank of Korea
Government Spending in South Korea is expected to be 74736.00 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 80593.00 in 12 months time. In the long-term, the South Korea Government Spending is projected to trend around 85253.00 KRW Billion in 2020, according to our econometric models.