Budget balance (South Korea): -2.5 % GDP in 2025, the latest available value.
58 observations from 1970 to 2027. Source: OECD.
Government revenue minus spending over a year, as % of GDP; negative is a deficit, positive a surplus.
| Period | Value |
|---|---|
| 2027 | -2.1 % GDP |
| 2026 | -2.1 % GDP |
| 2025 | -2.5 % GDP |
| 2024 | -1.5 % GDP |
| 2023 | -0.9 % GDP |
| 2022 | -0 % GDP |
| 2021 | -0.3 % GDP |
| 2020 | -2.6 % GDP |
| 2019 | 0.9 % GDP |
| 2018 | 2.9 % GDP |
| 2017 | 2.5 % GDP |
| 2016 | 2.1 % GDP |
| 2015 | 1.1 % GDP |
| 2014 | 1.1 % GDP |
| 2013 | 1.2 % GDP |
| 2012 | 0.9 % GDP |
| 2011 | 0.9 % GDP |
| 2010 | 0.8 % GDP |
| 2009 | -1.3 % GDP |
| 2008 | 2 % GDP |
| 2007 | 3.8 % GDP |
| 2006 | 1.9 % GDP |
| 2005 | 1.3 % GDP |
| 2004 | -0.1 % GDP |
| 2003 | -2.1 % GDP |
| 2002 | 3 % GDP |
| 2001 | 2.8 % GDP |
| 2000 | 4 % GDP |
| 1999 | 1.3 % GDP |
| 1998 | 0.2 % GDP |
| 1997 | 2.2 % GDP |
| 1996 | 2.9 % GDP |
| 1995 | 2.7 % GDP |
| 1994 | 2.4 % GDP |
| 1993 | 1.4 % GDP |
| 1992 | 0.9 % GDP |
| 1991 | 1 % GDP |
| 1990 | 2.4 % GDP |
| 1989 | 2.1 % GDP |
| 1988 | 2.5 % GDP |
| 1987 | 2 % GDP |
| 1986 | 1.1 % GDP |
| 1985 | 0.6 % GDP |
| 1984 | 1.1 % GDP |
| 1983 | 0.7 % GDP |
| 1982 | -0.7 % GDP |
| 1981 | -3.5 % GDP |
| 1980 | -1.3 % GDP |
| 1979 | -0.2 % GDP |
| 1978 | -0.4 % GDP |
| 1977 | -1.9 % GDP |
| 1976 | -1.1 % GDP |
| 1975 | -4 % GDP |
| 1974 | -1.7 % GDP |
| 1973 | -2.3 % GDP |
| 1972 | -2.5 % GDP |
| 1971 | -1 % GDP |
| 1970 | -0 % GDP |