Indicators / South Korea Government Spending
| 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 Budget Value | -57488.0 | -68595.0 | Jul/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 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.
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 102260.5 | 101054.8 | 102260.5 | 68251.3 | KRW Billion | QS-DEC |