South Korea Government Budget Balance (% of GDP)
The yearly gap between government spending and revenue across all levels of government, as a share of GDP.
−0.7%
Government Budget Balance (% of GDP)
1995 to 2023
Source: FRED series GGNLBAKRA188N (IMF World Economic Outlook), annual. The IMF publishes this as an outturn only up to the year shown; its figures for later years are projections, held in a separate series that this site does not publish. So the year under the figure is the most recent actual available, not a sign the feed has broken.
Negative means a deficit.
Data refreshed 2026-09-22. Figures are the latest published observations and can be revised.
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Government Budget Balance by CountrySouth Korea is 4th of 26GDP by Country32 countriesGDP Growth Rate by Country27 countriesInflation Rate by Country32 countriesUnemployment Rate by Country32 countriesInterest Rate by Country12 countries10-Year Government Bond Yield by Country20 countriesGovernment Debt to GDP by Country32 countriesCurrent Account to GDP by Country19 countriesForeign Direct Investment by Country26 countriesBusiness Confidence by Country28 countries