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Title Vol. 91 Fiscal Year 2019 Settlement Analysis Series (English Edition)

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    133
  • Date
    2020-08-07
According to the FY2019 Settlement of Accounts report submitted by the government, last year's total revenues reached KRW473.1 trillion and total expenditures hit KRW485.1 trillion. The consolidated fiscal balance was KRW43.2 trillion in a deficit of KRW12.0 trillion compared to the previous year and the operational fiscal balance was KRW54.4 trillion, a KRW 43.8 trillion deterioration from the previous year.
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