South Korea Government Debt to GDP - Forecast

Government Debt to GDP in South Korea is expected to be 38.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Government Debt to GDP is projected to trend around 40.00 percent in 2020, according to our econometric models.


South Korea Government Debt to GDP
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South Korea Government Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 38 38 38 38 39 40
Government Budget -2 -2.9 -2.02 -2.9 -1.89 -3.2
Government Budget Value 244 -164273 7437 6000 5186 0
Government Spending 59609 57725 58683 59812 61218 63393
Government Revenues 160798 92400 222704 371000 218519 396000
Fiscal Expenditure 160554 256673 215266 365000 213333 396000
Credit Rating 84.4
Military Expenditure 37560 41430 37790 37922 38069 39254
Government Spending To Gdp 32.26 34.5 32.32 34.5 32.35 36
Asylum Applications 652 580 596 850 596 950