South Korea: Government deficit
Millions of local currency · 1953–2025 · 73 observations · forecasts to 2031 · govdef
- 2025
- −66.6 trillionlocal currency
Government deficit
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Compare with other countries →Definition of Government deficit
Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2031 | -38,489,291 | Forecast |
| 2030 | -37,332,706 | Forecast |
| 2029 | -35,739,775 | Forecast |
| 2028 | -40,416,208 | Forecast |
| 2027 | -62,918,613 | Forecast |
| 2026 | -62,971,859 | Forecast |
| 2025 | -66,558,756 | |
| 2024 | -37,477,099 | |
| 2023 | -20,825,800 | |
| 2022 | -186,900 | |
| 2021 | -6,997,600 | |
| 2020 | -53,009,701 | |
| 2019 | 18,478,900 | |
| 2018 | 57,247,099 | |
| 2017 | 48,107,498 | |
| 2016 | 37,922,199 |
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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