Key data points
Last release
—
Observation period
Q4 2023
Next release
—
Forecast
—
Highest
90.00 TKRW on Mar 31, 2023
Lowest
2.93 TKRW on Sep 30, 1961
About South Korea Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.