South Korea Government Budget Value  1999-2017 | Data | Chart | Calendar

South Korea recorded a government budget surplus of 21010 KRW Billion in November of 2016. Government Budget Value in South Korea averaged 5569.47 KRW Billion from 1999 until 2016, reaching an all time high of 42914 KRW Billion in November of 2007 and a record low of -28619 KRW Billion in June of 2013.

South Korea Government Budget Value
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South Korea Government Last Previous Highest Lowest Unit
Government Debt to GDP 37.90 35.90 37.90 8.24 percent [+]
Government Budget -3.00 -2.00 3.47 -4.10 percent of GDP [+]
Government Budget Value 21010.00 17254.00 42914.00 -28619.00 KRW Billion [+]
Government Spending 55890.80 55549.90 55890.80 2742.81 KRW Billion [+]
Government Revenues 345276.00 322383.00 345276.00 14987.00 KRW Billion [+]
Fiscal Expenditure 324266.00 305129.00 339351.00 7012.00 KRW Billion [+]
Military Expenditure 38639.60 37286.20 38639.60 15091.70 USD Million [+]
Credit Rating 84.40 [+]
Asylum Applications 611.00 592.00 773.00 1.00 Persons [+]
Government Spending To Gdp 32.00 31.80 34.90 18.60 percent [+]



South Korea Government Budget Value Notes

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - South Korea Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Budget Value - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
21010.00 17254.00 42914.00 -28619.00 1999 - 2016 KRW Billion Monthly
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