South Korea recorded a government budget deficit of 45292 KRW Billion in March of 2020.
Government Budget Value in South Korea averaged 4853.23 KRW Billion from 1999 until 2020, reaching an all time high of 42914 KRW Billion in November of 2007 and a record low of -45292 KRW Billion in March of 2020. This page provides - South Korea Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Budget Value - values, historical data and charts - was last updated on May of 2020. source: The Bank of Korea
Government Budget Value in South Korea is expected to be -12000.00 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 18000.00 in 12 months time. In the long-term, the South Korea Government Budget Value is projected to trend around 23000.00 KRW Billion in 2021, according to our econometric models.