Key data points
Last release
—
Observation period
Q3 2025
Next release
—
Forecast
—
Highest
103.62 T KRW on Sep 30, 2025
Lowest
2.93 T KRW 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.