Fiscal Expenditure in South Korea increased to 180854 KRW Billion in March from 111109 KRW Billion in February of 2023. source: The Bank of Korea

Fiscal Expenditure in South Korea averaged 169622.77 KRW Billion from 1999 until 2023, reaching an all time high of 652902.00 KRW Billion in December 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 June of 2023.

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South Korea Fiscal Expenditure

Related Last Previous Unit Reference
Government Budget Value -41425.00 -24574.00 KRW Billion Mar 2023
Government Spending 90001.40 89600.30 KRW Billion Mar 2023
Government Revenues 139429.00 86534.00 KRW Billion Mar 2023
Fiscal Expenditure 180854.00 111109.00 KRW Billion Mar 2023
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
180854.00 111109.00 652902.00 7012.00 1999 - 2023 KRW Billion Monthly
Current Prices, NSA, Cumulative