South Korea: Central government expenditure
Millions of local currency · 1953–2024 · 66 observations · forecasts to 2026 · cgovexp
- 2024
- 710 trillionlocal currency
- Change on 2023
- +4.4%year on year
- Average growth, 2014–2024
- +6.8%a year
Central government expenditure
Report error
Time range
ForecastLocal currency
Could not load this view. The chart still shows the previous view.
Display
Export
Compare with other countries →Definition of Central government expenditure
Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2026 | 801,500,000 | Forecast |
| 2025 | 746,900,000 | Forecast |
| 2024 | 710,300,000 | |
| 2023 | 680,100,000 | |
| 2022 | 727,300,000 | |
| 2021 | 634,300,000 | |
| 2020 | 576,900,000 | |
| 2019 | 529,500,000 | |
| 2018 | 473,000,000 | |
| 2017 | 439,900,000 | |
| 2016 | 409,200,000 | |
| 2015 | 389,500,000 |
Sources
This series is derived from other GMD variables.
Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →
GMD release 2026_09 · License & terms