South Korea fiscal expenditure


South Korea fiscal expenditure: 424198 (9.1%)
Last Update: August 31, 2024

South Korea fiscal expenditure closed down 424198 as of August 31, 2024 from 388801 from the previous month and 407276 from last year.


South Korea fiscal expenditure Analytics & Data




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South Korea fiscal expenditure

Date Values
2024-08-31 424198
2024-07-31 388801
2024-06-30 354219
2024-05-31 295059
2024-04-30 247595
2024-03-31 203074
2024-02-29 122383
2024-01-31 53443
2023-12-31 580354
2023-11-30 520917
2023-10-31 478607
2023-09-30 446732
2023-08-31 407276
2023-07-31 374798
2023-06-30 337759
2023-05-31 276218
2023-04-30 231759
2023-03-31 180854
2023-02-28 111109
2023-01-31 49414
2022-12-31 652902
2022-11-30 595823
2022-10-31 556470
2022-09-30 513649

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South Korea fiscal expenditure Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
fiscal expenditure kr.fiscalexp 424198.0 388801 9 4 UP UP 24 2024-08-31

South Korea fiscal expenditure Quantitative Analysis, Charts & Factors

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South Korea fiscal expenditure Historical Data

The MacroVar database offers free access to historical data for the South Korea fiscal expenditure, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Korea fiscal expenditure data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea fiscal expenditure

South Korea fiscal expenditure refers to the amount of money that the South Korean government spends on various programs, services, and infrastructure projects. This includes funding for education, healthcare, defense, social welfare, and economic development initiatives. The government allocates its fiscal expenditure through the national budget, which is typically approved by the National Assembly. This spending plays a crucial role in stimulating economic growth, supporting social welfare, and improving the overall quality of life for South Korean citizens. Additionally, fiscal expenditure can also be used as a tool to address economic challenges and promote long-term sustainability and development in the country.

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