Korea (South Korea) General government total expenditure (National Currency) Statistics

11, Dec 2019, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Korea (South Korea) › Change country
Economic Indicator: General government total expenditure (National Currency) › See all Korea indicators, › See General government total expenditure (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: South Korean Won
Currency Symbol: KRW

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. Source: Ministry of Finance or Treasury Latest actual data: 2014 Fiscal assumptions: The medium-term forecast incorporates the government?s announced medium-term consolidation path. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash General government includes: Central Government;. For government gross/net debt only, general government includes central government and local government, starting from 2001. Valuation of public debt: Nominal value Primary domestic currency: Korean won Data last updated: 03/2016

General government total expenditure (National Currency) Statistics for Korea (South Korea), Year 2015 - In Detail

General government total expenditure (National Currency) for Korea is KRW 328,518.76 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

In the previous year, 2014, General government total expenditure (National Currency) for Korea was KRW 308,797.00 Billions General government total expenditure (National Currency) for Korea in 2015 was or will be 6.39% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (National Currency) for Korea was or will be KRW 331,098.27 Billions, which is 0.79% more than the 2015 figure.

* Source: IMF
General government total expenditure (National Currency) for Korea, in other Years
Year Billions
  2021 382,561.75
  2020 366,270.37
  2019 350,898.47
  2018 345,225.64
  2017 339,324.96
  2016 331,098.27
2015 328,518.76
  2014 308,797.00
  2013 298,734.00
  2012 283,219.00
  2011 264,870.53
  2010 246,379.73
  2009 245,273.35
  2008 229,789.56
  2007 213,396.12
  2006 195,700.80
  2005 180,663.20
  2004 174,436.55
  2003 155,120.51
  2002 129,187.04
  2001 124,132.68
  2000 108,258.65
  1999 98,984.56
  1998 89,276.57
  1997 77,765.00
  1996 71,299.00
  1995 61,095.00
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a