South Korea Government budget


South Korea Government budget: -50354 (-3.8%)
Last Update: August 31, 2024

South Korea Government budget closed down -50354 as of August 31, 2024 from -52343 from the previous month and -31325 from last year.


South Korea Government budget Analytics & Data




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South Korea Government budget

Date Values
2024-08-31 -50354
2024-07-31 -52343
2024-06-30 -75970
2024-05-31 -52157
2024-04-30 -47082
2024-03-31 -64741
2024-02-29 -29902
2024-01-31 11237
2023-12-31 -36768
2023-11-30 -19455
2023-10-31 -10444
2023-09-30 -31154
2023-08-31 -31325
2023-07-31 -37887
2023-06-30 -55444
2023-05-31 -30789
2023-04-30 -28984
2023-03-31 -41425
2023-02-28 -24574
2023-01-31 10278
2022-12-31 -64571
2022-11-30 -50848
2022-10-31 -43058
2022-09-30 -52719

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South Korea Government budget Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
Government budget kr.govbudgetvalue -50354.0 -52343 -4 61 Down Down 65 2024-08-31

South Korea Government budget Quantitative Analysis, Charts & Factors

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South Korea Government budget Historical Data

The MacroVar database offers free access to historical data for the South Korea Government budget, 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 Government budget data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Korea Government budget

The South Korea government budget is a financial plan that outlines the government's expected revenue and expenditures for a given fiscal year. The budget is an important tool for the government to allocate funds towards various programs and services, such as healthcare, education, and infrastructure development. It also helps to ensure that the government is able to meet its financial obligations and maintain a stable economy. The budget is typically formulated by the Ministry of Strategy and Finance and is presented to the National Assembly for approval. It is a key component of the government's overall economic policy and plays a crucial role in shaping the country's fiscal health and stability.

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