Korea (South Korea) Total Government Net Lending/ Borrowing (National Currency) Statistics

22, Nov 2019, EST.

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Country or Region: Korea (South Korea) › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Korea indicators, › See Total Government Net Lending/ Borrowing (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

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. 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

Total Government Net Lending/ Borrowing (National Currency) Statistics for Korea (South Korea), Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Korea is KRW -2,833.91 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Korea was KRW 6,206.15 Billions Total Government Net Lending/ Borrowing (National Currency) for Korea in 2015 was or will be 145.66% less than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Korea was or will be KRW 5,111.19 Billions, which is 280.36% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Korea, in other Years
Year Billions
  2021 39,250.14
  2020 35,429.78
  2019 31,905.92
  2018 19,797.96
  2017 8,746.02
  2016 5,111.19
2015 -2,833.91
  2014 6,206.15
  2013 9,289.65
  2012 21,458.45
  2011 22,533.11
  2010 19,399.99
  2009 203.452
  2008 16,818.97
  2007 22,610.12
  2006 10,383.40
  2005 7,880.40
  2004 813.46
  2003 13,095.81
  2002 26,257.41
  2001 17,731.17
  2000 26,388.59
  1999 7,021.79
  1998 6,072.87
  1997 12,975.00
  1996 11,672.00
  1995 9,767.00
  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