South Korea Government Spending  1960-2018 | Data | Chart | Calendar

Government Spending in South Korea increased to 59609 KRW Billion in the first quarter of 2018 from 58182.90 KRW Billion in the fourth quarter of 2017. Government Spending in South Korea averaged 21129.79 KRW Billion from 1960 until 2018, reaching an all time high of 59609 KRW Billion in the first quarter of 2018 and a record low of 2742.81 KRW Billion in the third quarter of 1961.

South Korea Government Spending
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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 244.00 -1766.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 59609.00 58182.90 59609.00 2742.81 KRW Billion [+]
Government Revenues 160798.00 114632.00 403839.00 14987.00 KRW Billion [+]
Fiscal Expenditure 160554.00 116397.00 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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - South Korea Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Spending - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
59609.00 58182.90 59609.00 2742.81 1960 - 2018 KRW Billion Quarterly
Constant Prices, SA




government spending by Country
Country Last
Australia 84615.00 Mar/18
Brazil 112022.06 Apr/18
Canada 364860.00 Mar/18
China 203330.00 Dec/17
Euro Area 539.25 Mar/18
France 135809.00 Mar/18
Germany 140.47 Mar/18
India 3310.31 Mar/18
Indonesia 146088.51 Mar/18
Italy 78641.00 Mar/18
Japan 106654.00 Mar/18
Mexico 2137555.10 Mar/18
Netherlands 42382.00 Mar/18
Russia 3974.60 Dec/17
South Korea 59609.00 Mar/18
Spain 54438.00 Mar/18
Switzerland 19842.88 Mar/18
Turkey 54059159.40 Mar/18
United Kingdom 92239.00 Mar/18
United States 2929.79 Mar/18


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