South Korea Government Spending To GDP

Government spending in South Korea was last recorded at 32.3 percent of GDP in 2016 . Government Spending To Gdp in South Korea averaged 25.03 percent from 1970 until 2016, reaching an all time high of 34.90 percent in 2009 and a record low of 18.60 percent in 1973.

Government Spending To GDP in South Korea is expected to be 33.40 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 Spending To GDP is projected to trend around 34.00 percent in 2020, according to our econometric models.

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South Korea Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	36.60	36.30	39.90	8.24	percent	[+]
Government Budget	-1.60	-1.10	3.47	-4.10	percent of GDP	[+]
Government Budget Value	-19104.00	-25893.00	42914.00	-28619.00	KRW Billion	[+]
Government Spending	74118.60	73858.40	74118.60	2742.81	KRW Billion	[+]
Government Revenues	203841.00	161037.00	438262.00	14987.00	KRW Billion	[+]
Fiscal Expenditure	222945.00	186930.00	407099.00	7012.00	KRW Billion	[+]
Credit Rating	84.40					[+]
Military Expenditure	41157.00	39171.00	41157.00	190.00	USD Million	[+]
Government Spending To GDP	32.26	32.30	34.90	18.60	percent	[+]
Asylum Applications	839.00	1059.00	2260.00	1.00	Persons	[+]

This page provides - South Korea Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Spending To GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	32.26	32.30	34.90	18.60	1970 - 2016	percent	Yearly

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Country	Last		Previous	Range
France	56.00	Dec/18	56.4	57.2 : 45.2	%
Italy	48.60	Dec/18	48.9	56 : 46.6	%
Euro Area	46.80	Dec/18	47	52.8 : 45.4	%
Germany	43.90	Dec/18	43.9	54.7 : 42.8	%
Netherlands	42.20	Dec/18	42.5	59.3 : 42.2	%
Spain	41.30	Dec/18	41	48.1 : 38.3	%
Japan	38.90	Dec/17	39.05	40.91 : 35.03	%
United Kingdom	38.50	Dec/18	38.8	46.4 : 34.1	%
United States	38.00	Dec/17	38.2	43.3 : 33.4	%
Switzerland	32.50	Dec/18	33	34.7 : 28.2	%
South Korea	32.26	Dec/16	32.3	34.9 : 18.6	%
India	13.04	Dec/18	13.22	19.42 : 11.81	%