South Korea recorded a government budget surplus of 15993 KRW Billion in August of 2018. Government Budget Value in South Korea averaged 6061.43 KRW Billion from 1999 until 2018, 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 38.00 38.30 38.30 8.24 percent [+]
Government Budget -2.00 -2.40 3.47 -4.10 percent of GDP [+]
Government Budget Value 15993.00 9220.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 60585.40 59634.50 60585.40 2742.81 KRW Billion [+]
Government Revenues 309467.00 276088.00 403839.00 14987.00 KRW Billion [+]
Fiscal Expenditure 293473.00 266868.00 379809.00 7012.00 KRW Billion [+]
Credit Rating 84.40 [+]
Military Expenditure 37559.90 36934.40 37559.90 182.70 USD Million [+]
Government Spending To GDP 32.26 32.30 34.90 18.60 percent [+]
Asylum Applications 652.00 591.00 775.00 1.00 Persons [+]


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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
15993.00 9220.00 42914.00 -28619.00 1999 - 2018 KRW Billion Monthly
Current Prices, NSA




Country Last
Argentina -22854.30 Sep/18
Australia -5446.00 Sep/18
Brazil -39173.00 Sep/18
Canada -1875.00 Aug/18
China -357.10 Sep/18
France -87.10 Sep/18
Germany 10.72 Mar/18
India -5947.32 Sep/18
Indonesia -347356.70 Dec/17
Italy 16.55 Aug/18
Japan -113831.00 Jun/18
Mexico -80181.00 Sep/18
Netherlands -8.90 Sep/18
Russia 2548.22 Sep/18
Saudi Arabia -238494.00 Dec/17
Singapore 2069.10 Jul/18
South Africa 15912.00 Sep/18
South Korea 15993.00 Aug/18
Spain -13245.00 Sep/18
Switzerland 1373.00 Dec/18
Turkey -5692472.00 Sep/18
United Kingdom -1174.00 Sep/18
United States -100000.00 Oct/18


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