Fiscal Expenditure in South Korea increased to 352462 KRW Billion in October from 325578 KRW Billion in September of 2018. Fiscal Expenditure in South Korea averaged 138861.26 KRW Billion from 1999 until 2018, reaching an all time high of 379809 KRW Billion in December of 2017 and a record low of 7012 KRW Billion in January of 2002.

Fiscal Expenditure in South Korea is expected to be 385000.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Fiscal Expenditure in South Korea to stand at 305000.00 in 12 months time. In the long-term, the South Korea Fiscal Expenditure is projected to trend around 392000.00 KRW Billion in 2020, according to our econometric models.

South Korea Fiscal Expenditure
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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 28653.00 14031.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 60505.20 59634.50 60505.20 2742.81 KRW Billion [+]
Government Revenues 381115.00 339609.00 403839.00 14987.00 KRW Billion [+]
Fiscal Expenditure 352462.00 325578.00 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 Fiscal Expenditure

Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - South Korea Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Fiscal Expenditure - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
352462.00 325578.00 379809.00 7012.00 1999 - 2018 KRW Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina 323235.40 Oct/18
Australia 41913.00 Oct/18
Canada 24436.00 Sep/18
China 12031.00 Oct/18
France 332.41 Oct/18
Germany 337.26 Jun/18
India 14565.93 Oct/18
Indonesia 2004247.20 Dec/17
Italy 42.07 Oct/18
Mexico 455196.90 Sep/18
Netherlands 62.80 Sep/18
Russia 25670628.90 Oct/18
Saudi Arabia 929999.00 Dec/17
Singapore 4409.80 Sep/18
South Africa 116809.00 Oct/18
South Korea 352462.00 Oct/18
Switzerland 221715.00 Dec/18
Turkey 69154651.00 Oct/18
United States 410864.00 Nov/18


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