Indicators / South Korea Government Budget Value
| Related | Last | Previous | Reference | Unit |
|---|---|---|---|---|
| Government Debt to GDP | 46.8 | 45.5 | Jan/24 | % |
| Government Budget | -3.9 | -2.6 | Jan/24 | % of GDP |
| Government Spending | 102260.5 | 101054.8 | Jun/25 | Local Currency bn |
| Government Revenues | 364930.0 | 303355.0 | Jul/25 | Local Currency bn |
| Fiscal Expenditure | 422419.0 | 371950.0 | Jul/25 | Local Currency bn |
| Military Expenditure | 47571.3 | 47801.9 | Jan/24 | USD bn |
| Weapons Sales | 964.0 | 631.0 | Jan/24 | USD mn |
| Corruption Index | 64.0 | 63.0 | Jan/24 | points |
| Corruption Rank | 30.0 | 32.0 | Jan/24 | rank |
| Terrorism Index | 0.6 | 0.0 | Jan/24 | points |
South Korea Government Budget Value
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.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| -57488.0 | -68595.0 | 37409.0 | -89971.0 | KRW Billion | Unknown/irregular |