South Korea Government Budget Value  1999-2017 | Data | Chart | Calendar

South Korea recorded a government budget surplus of 17381 KRW Billion in August of 2017. Government Budget Value in South Korea averaged 5755.72 KRW Billion from 1999 until 2017, reaching an all time high of 42914 KRW Billion in November of 2007 and a record low of -28619 KRW Billion in June of 2013.

South Korea Government Budget Value
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South Korea Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.60 37.80 38.60 8.24 percent [+]
Government Budget -2.40 -3.00 3.47 -4.10 percent of GDP [+]
Government Budget Value 17381.00 16089.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 58078.80 56774.50 58078.80 2742.81 KRW Billion [+]
Government Revenues 281785.00 251480.00 371264.00 14987.00 KRW Billion [+]
Fiscal Expenditure 264403.00 235390.00 354354.00 7012.00 KRW Billion [+]
Credit Rating 84.40 [+]
Military Expenditure 37264.60 36432.70 37264.60 185.70 USD Million [+]
Asylum Applications 652.00 591.00 775.00 1.00 Persons [+]
Government Spending To Gdp 32.30 31.98 34.90 18.60 percent [+]


South Korea Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - South Korea Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Budget Value - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
17381.00 16089.00 42914.00 -28619.00 1999 - 2017 KRW Billion Monthly
Current Prices, NSA




government budget value by Country
Country Last
Australia -9979.00 Sep/17
Brazil -53308.54 Sep/17
Canada -3233.00 Sep/17
China -118.80 Sep/17
France -76.26 Sep/17
Germany 9.83 Mar/17
India -4989.38 Sep/17
Indonesia -305229.70 Dec/16
Italy 2.90 Sep/17
Japan -99315.00 Jun/17
Mexico -42185.10 Sep/17
Netherlands -2.80 Jun/17
Russia -294.09 Oct/17
South Korea 17381.00 Aug/17
Spain -17028.00 Sep/17
Switzerland 1323.00 Dec/17
Turkey -3.35 Oct/17
United Kingdom -981.00 Oct/17
United States -63214.00 Oct/17