Government Revenues in South Korea increased to 339609 KRW Billion in September from 309467 KRW Billion in August of 2018. Government Revenues in South Korea averaged 144046.89 KRW Billion from 1999 until 2018, reaching an all time high of 403839 KRW Billion in December of 2017 and a record low of 14987 KRW Billion in January of 2000.

Government Revenues in South Korea is expected to be 411000.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Revenues in South Korea to stand at 321000.00 in 12 months time. In the long-term, the South Korea Government Revenues is projected to trend around 425000.00 KRW Billion in 2020, according to our econometric models.

South Korea Government Revenues
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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 14031.00 15993.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 60505.20 59634.50 60505.20 2742.81 KRW Billion [+]
Government Revenues 339609.00 309467.00 403839.00 14987.00 KRW Billion [+]
Fiscal Expenditure 325578.00 293473.00 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 Revenues

Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - South Korea Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Revenues - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
339609.00 309467.00 403839.00 14987.00 1999 - 2018 KRW Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina 306649.50 Oct/18
Australia 42912.00 Oct/18
Brazil 131880.00 Oct/18
Canada 25234.00 Sep/18
China 15727.00 Oct/18
France 254.04 Oct/18
Germany 373.32 Jun/18
India 8080.10 Oct/18
Indonesia 1656890.70 Dec/17
Italy 29.59 Sep/18
Mexico 378529.40 Sep/18
Netherlands 53.90 Sep/18
Russia 3003669600.60 Oct/18
Saudi Arabia 691505.00 Dec/17
Singapore 6236.40 Sep/18
South Africa 78879.00 Oct/18
South Korea 339609.00 Sep/18
Switzerland 223705.00 Dec/18
Turkey 60639324.00 Oct/18
United Kingdom 59931.00 Oct/18
United States 205961.00 Nov/18


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