Fiscal Expenditure in South Korea increased to 457481 KRW Billion in July from 409437 KRW Billion in June of 2026. Fiscal Expenditure in South Korea averaged 191625.91 KRW Billion from 1999 until 2026, 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. source: The Bank of Korea



Related Last Previous Unit Reference
Fiscal Expenditure 457481.00 409437.00 KRW Billion Jul 2026
Government Budget Value -20076.00 -43901.00 KRW Billion Jul 2026
Government Revenues 437404.00 365536.00 KRW Billion Jul 2026
Government Spending 104363.30 104134.40 KRW Billion Jun 2026
Government Spending to GDP 35.60 37.02 percent of GDP Dec 2023
Tax Revenue 373.90 336.50 KRW Trillion Dec 2025


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
457481.00 409437.00 652902.00 7012.00 1999 - 2026 KRW Billion Monthly
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