South Korea recorded a government budget surplus of 37409 KRW Billion in November of 2018. Government Budget Value in South Korea averaged 6332.96 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.
Government Budget Value in South Korea is expected to be -1800.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in South Korea to stand at 29000.00 in 12 months time. In the long-term, the South Korea Government Budget Value is projected to trend around 33000.00 KRW Billion in 2020, according to our econometric models.