Fiscal Expenditure in South Korea increased to 340035 KRW Billion in May from 274718 KRW Billion in April of 2026. Fiscal Expenditure in South Korea averaged 190095.32 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 340035.00 274718.00 KRW Billion May 2026
Government Budget Value -23383.00 -13224.00 KRW Billion May 2026
Government Revenues 316652.00 261493.00 KRW Billion May 2026
Government Spending 104363.30 104134.40 KRW Billion Jun 2026
Government Spending to GDP 35.60 37.02 percent of GDP Dec 2023


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
340035.00 274718.00 652902.00 7012.00 1999 - 2026 KRW Billion Monthly
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