South Korea Government Budget Value  1999-2018 | Data | Chart | Calendar

South Korea recorded a government budget surplus of 8670 KRW Billion in May of 2018. Government Budget Value in South Korea averaged 6045.62 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 8670.00 244.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 59609.00 58182.90 59609.00 2742.81 KRW Billion [+]
Government Revenues 202793.00 160798.00 403839.00 14987.00 KRW Billion [+]
Fiscal Expenditure 194123.00 160554.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8670.00 244.00 42914.00 -28619.00 1999 - 2018 KRW Billion Monthly
Current Prices, NSA




government budget value by Country
Country Last
Australia 10417.00 May/18
Brazil -47900.00 May/18
Canada -10630.00 Mar/18
China 83.10 May/18
France -55.07 May/18
Germany 70.64 Sep/17
India -3454.93 May/18
Indonesia -347356.70 Dec/17
Italy -19.87 May/18
Japan 53517.00 Mar/18
Mexico -42702.30 May/18
Netherlands 1.00 Dec/17
Russia 877.30 Jun/18
South Korea 8670.00 May/18
Spain -14493.00 May/18
Switzerland 1373.00 Dec/18
Turkey 1981913.00 May/18
United Kingdom -3687.00 May/18
United States -74858.00 Jun/18


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