South Korea Government Budget Value

South Korea recorded a government budget surplus of 4220 KRW Billion in April of 2016. Government Budget Value in South Korea averaged 5468.16 KRW Billion from 1999 until 2016, reaching an all time high of 42914 KRW Billion in November of 2007 and a record low of -28619 KRW Billion in June of 2013. Government Budget Value in South Korea is reported by the The Bank of Korea. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides – South Korea Government Budget Value – actual values, historical data, forecast, chart, statistics, economic calendar and news.