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South Korea: Central government deficit

Millions of local currency · 1954–2024 · 71 observations · forecasts to 2026 · cgovdef

2024
−45.8 trillionlocal currency

Central government deficit

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-60T-40T-20T020T40T60T1960197019801990200020102020South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of Central government deficit

Recent values

Millions of local currency

YearValue
2026-52,607,351Forecast
2025-21,756,173Forecast
2024-45,763,718
2023-24,486,567
2022-40,616,112
2021-16,068,227
2020-39,552,357
2019718,835
201845,856,928
201734,715,406
201632,682,711
201512,679,009

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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