Between 1998 and 2022, government expenditure of Republic of Korea grew substantially from 9.12 to 251.75 domestic currency rising at an increasing annual rate that reached a maximum of 72.48% in 2012 and then decreased to 21.77% in 2022.
The description is composed by our digital data assistant.| Current Prices Local Currency | 634,277.78B current LCU in 2021 | WB |
| Local Currency | 549,645.86 Billions of national currency in 2023 | IMF |
| Share of GDP | 25.53 Percent of GDP in 2023 | IMF + 1 other |
| Uzbekistan | 11,659.74 Domestic Currency in 2021 | IMF |
| Kazakhstan | 4,519.09 Domestic Currency in 2021 | IMF |
| Georgia | 3,778.9 Domestic Currency in 2022 | IMF |
| Mongolia | 278.6 Domestic Currency in 2016 | IMF |
| Budget Deficit | 8.79 Domestic Currency in 2022 | IMF |
| Consumption of fixed capital | 1.87 Domestic Currency in 2022 | IMF |
| Government Revenue | 261.99 Domestic Currency in 2022 | IMF |
| Investment in Nonfinancial Assets | 3.32 Domestic Currency in 2022 | IMF |
| Net Acquisition of Financial Assets | 11.47 Domestic Currency in 2022 | IMF |
| Net Incurrence of Liabilities | 2.69 Domestic Currency in 2022 | IMF |
| Net Worth | 113.7 Domestic Currency in 2022 | IMF |
| Operating Balance | 12.1 Domestic Currency in 2022 | IMF |
| Primary Net Lending/Borrowing | 9.44 Domestic Currency in 2022 | IMF |
| Structural Balance | -2.42 Percent of potential GDP in 2023 | IMF |
| Social Benefits | 140.72 Domestic Currency in 2022 | IMF |
| Goods and Services Expense | 36.04 Domestic Currency in 2022 | IMF |
| Compensation of Employees | 10.43 Domestic Currency in 2022 | IMF |
| Interest Payments | 0.66 Domestic Currency in 2022 | IMF |
| Budgetary | 626.83 Domestic Currency in 2022 | IMF |
Our website uses cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your personal cookie settings through your internet browser settings.
Privacy Policy