South Korea Government Spending To GDP

Government spending in South Korea was last recorded at 32.3 percent of GDP in 2016 . Government Spending To Gdp in South Korea averaged 25.03 percent from 1970 until 2016, reaching an all time high of 34.90 percent in 2009 and a record low of 18.60 percent in 1973.

Government Spending To GDP in South Korea is expected to be 33.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Government Spending To GDP is projected to trend around 34.00 percent in 2020, according to our econometric models.

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South Korea Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	38.00	38.30	38.30	8.24	percent	[+]
Government Budget	-2.00	-2.40	3.47	-4.10	percent of GDP	[+]
Government Budget Value	37409.00	28653.00	42914.00	-28619.00	KRW Billion	[+]
Government Spending	62355.80	60505.20	62355.80	2742.81	KRW Billion	[+]
Government Revenues	408637.00	381115.00	408637.00	14987.00	KRW Billion	[+]
Fiscal Expenditure	371229.00	352462.00	379809.00	7012.00	KRW Billion	[+]
Credit Rating	84.40					[+]
Government Spending To GDP	32.26	32.30	34.90	18.60	percent	[+]
Military Expenditure	37559.90	36934.40	37559.90	182.70	USD Million	[+]
Asylum Applications	652.00	591.00	775.00	1.00	Persons	[+]

This page provides - South Korea Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Spending To GDP - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	32.26	32.30	34.90	18.60	1970 - 2016	percent	Yearly

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Country	Last		Previous	Range
France	56.50	Dec/17	56.6	57.2 : 45.1	%
Italy	48.90	Dec/17	49.3	56 : 46.6	%
Euro Area	47.10	Dec/17	47.6	52.8 : 45.4	%
Germany	43.90	Dec/17	44	54.7 : 42.8	%
Netherlands	42.60	Dec/17	43.4	59.3 : 41.8	%
United Kingdom	41.10	Dec/17	41.5	51.2 : 35.4	%
Spain	41.00	Dec/17	42.2	48.1 : 38.3	%
Japan	39.05	Dec/16	39.39	40.91 : 35.03	%
United States	37.70	Dec/16	37.4	42.9 : 33.1	%
Switzerland	33.00	Dec/17	33	34.7 : 28.2	%
South Korea	32.26	Dec/16	32.3	34.9 : 18.6	%
India	12.74	Dec/17	13.27	19.42 : 11.81	%