South Korea Government Revenue, Expenditure and Finance

Korea KR: Central Government Debt: Total

1990 - 2016 | Yearly | KRW mn | World Bank

South Korea’s KR: Central Government Debt: Total data was reported at 662,636,705.078 KRW mn in Dec 2016. This records an increase from the previous number of 621,640,877.442 KRW mn for Dec 2015. South Korea’s KR: Central Government Debt: Total data is updated yearly, averaging 33,687,000.000 KRW mn from Dec 1990 to 2016, with 13 observations. The data reached an all-time high of 662,636,705.078 KRW mn in 2016 and a record low of 14,927,000.000 KRW mn in 1990. South Korea’s KR: Central Government Debt: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Government Revenue, Expenditure and Finance. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Last

662,636,705.08

2016
Previous

621,640,877.44

2015
Min

14,927,000.00

1990
Max

662,636,705.08

2016
Unit

KRW mn

Frequency

yearly

Range

1990 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

662,636,705.08

KRW mn 2016

621,640,877.44

KRW mn 2015

yearly

1990 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Central Government Debt: Total from 1990 to 2016 in the chart:

Korea KR: Central Government Debt: Total: % of GDP

1990 - 2016 | Yearly | % | World Bank

South Korea’s KR: Central Government Debt: Total: % of GDP data was reported at 40.361 % in Dec 2016. This records an increase from the previous number of 39.744 % for Dec 2015. South Korea’s KR: Central Government Debt: Total: % of GDP data is updated yearly, averaging 10.150 % from Dec 1990 to 2016, with 13 observations. The data reached an all-time high of 40.361 % in 2016 and a record low of 7.001 % in 1996. South Korea’s KR: Central Government Debt: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Government Revenue, Expenditure and Finance. Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

Last

40.47

2016
Previous

39.74

2015
Min

7.00

1996
Max

40.47

2016
Unit

%

Frequency

yearly

Range

1990 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

40.47

% 2016

39.74

% 2015

yearly

1990 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Central Government Debt: Total: % of GDP from 1990 to 2016 in the chart:

Korea KR: Expenditure

1972 - 2016 | Yearly | KRW mn | World Bank

South Korea’s KR: Expenditure data was reported at 409,162,391.796 KRW mn in Dec 2016. This records an increase from the previous number of 389,459,531.776 KRW mn for Dec 2015. South Korea’s KR: Expenditure data is updated yearly, averaging 49,124,000.000 KRW mn from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 409,162,391.796 KRW mn in 2016 and a record low of 625,000.000 KRW mn in 1973. South Korea’s KR: Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Last

409,162,391.80

2016
Previous

389,459,531.78

2015
Min

625,000.00

1973
Max

409,162,391.80

2016
Unit

KRW mn

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

409,162,391.80

KRW mn 2016

389,459,531.78

KRW mn 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure from 1972 to 2016 in the chart:

Korea KR: Expenditure: % of GDP

1972 - 2016 | Yearly | % | World Bank

South Korea’s KR: Expenditure: % of GDP data was reported at 24.922 % in Dec 2016. This records an increase from the previous number of 24.900 % for Dec 2015. South Korea’s KR: Expenditure: % of GDP data is updated yearly, averaging 14.985 % from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 25.754 % in 2012 and a record low of 11.336 % in 1973. South Korea’s KR: Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Government Revenue, Expenditure and Finance. Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted average;

Last

24.99

2016
Previous

24.90

2015
Min

11.34

1973
Max

25.75

2012
Unit

%

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

24.99

% 2016

24.90

% 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: % of GDP from 1972 to 2016 in the chart:

Korea KR: Expenditure: Compensation of Employees

1972 - 2016 | Yearly | KRW mn | World Bank

Korea’s KR: Expenditure: Compensation of Employees data was reported at 42,993,789.769 KRW mn in Dec 2016. This records an increase from the previous number of 40,160,988.669 KRW mn for Dec 2015. Korea’s KR: Expenditure: Compensation of Employees data is updated yearly, averaging 6,762,000.000 KRW mn from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 42,993,789.769 KRW mn in 2016 and a record low of 112,000.000 KRW mn in 1972. Korea’s KR: Expenditure: Compensation of Employees data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Last

42,993,789.77

2016
Previous

40,160,988.67

2015
Min

112,000.00

1972
Max

42,993,789.77

2016
Unit

KRW mn

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

42,993,789.77

KRW mn 2016

40,160,988.67

KRW mn 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: Compensation of Employees from 1972 to 2016 in the chart:

Korea KR: Expenditure: Compensation of Employees: % of Expenditure

1972 - 2016 | Yearly | % | World Bank

South Korea’s KR: Expenditure: Compensation of Employees: % of Expenditure data was reported at 10.508 % in Dec 2016. This records an increase from the previous number of 10.312 % for Dec 2015. South Korea’s KR: Expenditure: Compensation of Employees: % of Expenditure data is updated yearly, averaging 14.208 % from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 18.817 % in 1977 and a record low of 9.811 % in 2012. South Korea’s KR: Expenditure: Compensation of Employees: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Government Revenue, Expenditure and Finance. Compensation of employees consists of all payments in cash, as well as in kind (such as food and housing), to employees in return for services rendered, and government contributions to social insurance schemes such as social security and pensions that provide benefits to employees.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Last

10.51

2016
Previous

10.31

2015
Min

9.81

2012
Max

18.82

1977
Unit

%

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

10.51

% 2016

10.31

% 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: Compensation of Employees: % of Expenditure from 1972 to 2016 in the chart:

Korea KR: Expenditure: Goods and Services Expenditure

1972 - 2016 | Yearly | KRW mn | World Bank

Korea’s KR: Expenditure: Goods and Services Expenditure data was reported at 60,568,941.995 KRW mn in Dec 2016. This records an increase from the previous number of 57,491,959.803 KRW mn for Dec 2015. Korea’s KR: Expenditure: Goods and Services Expenditure data is updated yearly, averaging 8,884,000.000 KRW mn from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 60,568,941.995 KRW mn in 2016 and a record low of 163,000.000 KRW mn in 1972. Korea’s KR: Expenditure: Goods and Services Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Last

60,568,942.00

2016
Previous

57,491,959.80

2015
Min

163,000.00

1972
Max

60,568,942.00

2016
Unit

KRW mn

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

60,568,942.00

KRW mn 2016

57,491,959.80

KRW mn 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: Goods and Services Expenditure from 1972 to 2016 in the chart:

Korea KR: Expenditure: Goods and Services Expenditure: % of Expenditure

1972 - 2016 | Yearly | % | World Bank

Korea’s KR: Expenditure: Goods and Services Expenditure: % of Expenditure data was reported at 14.803 % in Dec 2016. This records an increase from the previous number of 14.762 % for Dec 2015. Korea’s KR: Expenditure: Goods and Services Expenditure: % of Expenditure data is updated yearly, averaging 19.257 % from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 37.767 % in 1978 and a record low of 6.500 % in 2007. Korea’s KR: Expenditure: Goods and Services Expenditure: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Government Revenue, Expenditure and Finance. Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Last

14.80

2016
Previous

14.76

2015
Min

6.50

2007
Max

37.77

1978
Unit

%

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

14.80

% 2016

14.76

% 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: Goods and Services Expenditure: % of Expenditure from 1972 to 2016 in the chart:

Korea KR: Expenditure: Interest Payments

1972 - 2016 | Yearly | KRW mn | World Bank

South Korea’s KR: Expenditure: Interest Payments data was reported at 19,643,443.592 KRW mn in Dec 2016. This records a decrease from the previous number of 20,761,012.461 KRW mn for Dec 2015. South Korea’s KR: Expenditure: Interest Payments data is updated yearly, averaging 1,830,000.000 KRW mn from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 20,942,433.178 KRW mn in 2014 and a record low of 17,000.000 KRW mn in 1972. South Korea’s KR: Expenditure: Interest Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

Last

19,643,443.59

2016
Previous

20,761,012.46

2015
Min

17,000.00

1972
Max

20,942,433.18

2014
Unit

KRW mn

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

19,643,443.59

KRW mn 2016

20,761,012.46

KRW mn 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: Interest Payments from 1972 to 2016 in the chart:

Korea KR: Expenditure: Interest Payments: % of Expenditure

1972 - 2016 | Yearly | % | World Bank

Korea’s KR: Expenditure: Interest Payments: % of Expenditure data was reported at 4.801 % in Dec 2016. This records a decrease from the previous number of 5.331 % for Dec 2015. Korea’s KR: Expenditure: Interest Payments: % of Expenditure data is updated yearly, averaging 5.627 % from Dec 1972 to 2016, with 45 observations. The data reached an all-time high of 8.315 % in 1986 and a record low of 2.572 % in 1972. Korea’s KR: Expenditure: Interest Payments: % of Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Government Revenue, Expenditure and Finance. Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; Median;

Last

4.80

2016
Previous

5.33

2015
Min

2.57

1972
Max

8.32

1986
Unit

%

Frequency

yearly

Range

1972 - 2016

Updated on 19 Apr 2018
Last Previous Frequency Range

4.80

% 2016

5.33

% 2015

yearly

1972 - 2016

Updated on 19 Apr 2018

View South Korea's KR: Expenditure: Interest Payments: % of Expenditure from 1972 to 2016 in the chart:

KR: Central Government Debt: Total
KR: Central Government Debt: Total: % of GDP
KR: Expenditure
KR: Expenditure: % of GDP
KR: Expenditure: Compensation of Employees
KR: Expenditure: Compensation of Employees: % of Expenditure
KR: Expenditure: Goods and Services Expenditure
KR: Expenditure: Goods and Services Expenditure: % of Expenditure
KR: Expenditure: Interest Payments
KR: Expenditure: Interest Payments: % of Expenditure
KR: Expenditure: Interest Payments: % of Revenue
KR: Expenditure: Other Expenditure
KR: Expenditure: Other Expenditure: % of GDP
KR: Expenditure: Subsidies and Other Transfers
KR: Expenditure: Subsidies and Other Transfers: % of Expenditure
KR: Grants and Other Revenue
KR: Grants and Other Revenue: % of Revenue
KR: Net Acquisition of Financial Assets
KR: Net Acquisition of Financial Assets: % of GDP
KR: Net Incurrence of Liabilities: Total
KR: Net Incurrence of Liabilities: Total: % of GDP
KR: Net Investment in Nonfinancial Assets
KR: Net Investment in Nonfinancial Assets: % of GDP
KR: Net Lending (+) / Net Borrowing (-)
KR: Net Lending (+) / Net Borrowing (-): % of GDP
KR: Revenue Excluding Grants
KR: Revenue Excluding Grants: % of GDP
KR: Revenue and Grants: Revenue: Customs and Other Import Duties
KR: Revenue and Grants: Revenue: Customs and Other Import Duties: % of Tax Revenue
KR: Revenue and Grants: Revenue: Other Taxes
KR: Revenue and Grants: Revenue: Other Taxes: % of Revenue
KR: Revenue and Grants: Revenue: Tax Revenue
KR: Revenue and Grants: Revenue: Tax Revenue: % of GDP
KR: Revenue and Grants: Revenue: Taxes on Goods and Services
KR: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Added of Industry and Services
KR: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Revenue
KR: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains
KR: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Revenue
KR: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Gains: % of Total Taxes
KR: Revenue and Grants: Revenue: Taxes on International Trade
KR: Revenue and Grants: Revenue: Taxes on International Trade: % of Revenue
KR: Social Contributions
KR: Social Contributions: % of Revenue
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