Budget balance South Korea 1970-2023
In 2023, South Korea reported a government budget deficit of approximately 36.8 trillion South Korean won. The fiscal deficit of South Korea worsened significantly following the outbreak of the COVID-19 pandemic.
Government budget balance in South Korea from 1970 to 2023 (in trillion South Korean won)
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Other statistics that may interest you Key economic indicators of South Korea
National accounts
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Consumer prices
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- Premium Statistic CPI South Korea 2000-2023
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Employment
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- Premium Statistic Economically active population South Korea 2003-2023
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International trade
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- Premium Statistic Trade as share of GDP South Korea 1970-2022
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Investment
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- Premium Statistic Value of FDI inflows to South Korea 1996-2023
- Premium Statistic FDI inflows to South Korea 2023, by country
- Premium Statistic Value of FDI inflows to South Korea 1996-2023, by industry
- Premium Statistic Value of FDI outflows from South Korea 2018-2023
- Premium Statistic FDI outflow from South Korea Q1 2024, by recipient
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Public finances
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- Premium Statistic Budget balance South Korea 1970-2023
- Basic Statistic South Korea's budget balance in relation to GDP 2029
- Basic Statistic National debt of South Korea 1997-2027
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Starter Account
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Professional Account
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
Statistics Korea. (June 18, 2024). Government budget balance in South Korea from 1970 to 2023 (in trillion South Korean won) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1478342/south-korea-budget-balance/
Statistics Korea. "Government budget balance in South Korea from 1970 to 2023 (in trillion South Korean won)." Chart. June 18, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1478342/south-korea-budget-balance/
Statistics Korea. (2024). Government budget balance in South Korea from 1970 to 2023 (in trillion South Korean won). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1478342/south-korea-budget-balance/
Statistics Korea. "Government Budget Balance in South Korea from 1970 to 2023 (in Trillion South Korean Won)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/statistics/1478342/south-korea-budget-balance/
Statistics Korea, Government budget balance in South Korea from 1970 to 2023 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1478342/south-korea-budget-balance/ (last visited November 25, 2024)
Government budget balance in South Korea from 1970 to 2023 (in trillion South Korean won) [Graph], Statistics Korea, June 18, 2024. [Online]. Available: https://www.statista.com/statistics/1478342/south-korea-budget-balance/