South Korea government budget

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South Korea government budget: -4.4 (-21.43%)
Last Update: December 31, 2022

South Korea government budget closed down -4.4 as of December 31, 2022 from -5.6 from the previous month and -1.1 from last year.


South Korea government budget Analytics & Data




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South Korea government budget

Date Values
2022-12-31 -4.4
2021-12-31 -5.6
2020-12-31 -3.5
2019-12-31 -1.9
2018-12-31 -0.6
2017-12-31 -1
2016-12-31 -1.3
2015-12-31 -2.3
2014-12-31 -2
2013-12-31 -1.5
2012-12-31 -1.3
2011-12-31 -1.1
2010-12-31 -1.1
2009-12-31 -4.1
2008-12-31 1.16
2007-12-31 3.47
2006-12-31 0.4
2005-12-31 0.4
2004-12-31 0.63
2003-12-31 1
2002-12-31 3.15
2001-12-31 1.12
2000-12-31 1.08
1999-12-31 -2.38

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South Korea government budget Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
government budget kr.govbudget -4.4 -5.6 -21 300 Down Down 0 2022-12-31

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 country's projected revenues and expenditures for a specific period of time, typically one year. It serves as a roadmap for how the government will allocate its resources to fund public services, infrastructure projects, and social programs. The budget is prepared by the Ministry of Strategy and Finance and is subject to approval by the National Assembly. It is a crucial tool for ensuring financial stability and accountability within the government, as well as for promoting economic growth and development in South Korea. The budget also plays a significant role in shaping fiscal policy and decision-making in the country.