Government Spending in South Korea increased to 81349.10 KRW Billion in the first quarter of 2021 from 79988 KRW Billion in the fourth quarter of 2020. source: The Bank of Korea
Government Spending in South Korea averaged 25841.36 KRW Billion from 1960 until 2021, reaching an all time high of 81349.10 KRW Billion in the first quarter of 2021 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 May of 2021.
Government Spending in South Korea is expected to be 82637.00 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 82068.00 in 12 months time. In the long-term, the South Korea Government Spending is projected to trend around 84447.00 KRW Billion in 2022 and 86896.00 KRW Billion in 2023, according to our econometric models.