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S. Korea's gov't expenditure to GDP ratio expected to be among the lowest of G20

2019-11-03 8 Dailymotion

한국, 내년 GDP 대비 재정지출 비율 G20 중 19위<br /><br />South Korea's government expenditure to GDP ratio is expected to be among the lowest in the G20 next year.<br />According to data from the International Monetary Fund,... Korea's government spending as a proportion of its GDP will be around 23%, around one percentage point higher than this year,... but still far less than G20 average of roughly 35%.<br />The IMF has called on countries like South Korea with fiscal policy headroom... to bolster spending in order to prop up growth and cushion the blow of a sputtering global economy. <br />

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