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Government budget balance to GDP in South Korea

Latest: -1.8%
Previous: -1.0%
Change: -0.77 (-75.1%)
Reference period: Dec 31, 2024
Frequency: Annual
Unit: Percent

Government budget balance to GDP over time

Annual, Percent, Not seasonally adjusted

Source: World Bank

Observations for Government budget balance to GDP in South Korea
Date	Value
Dec 31, 1966	—
Dec 31, 1967	—
Dec 31, 1968	—
Dec 31, 1969	—
Dec 31, 1970	—
Dec 31, 1971	—
Dec 31, 1972	-3.8%
Dec 31, 1973	-0.2%
Dec 31, 1974	-0.3%
Dec 31, 1975	-0.3%
Dec 31, 1976	0.2%
Dec 31, 1977	0.8%
Dec 31, 1978	1.3%
Dec 31, 1979	0.7%
Dec 31, 1980	0.7%
Dec 31, 1981	1.1%
Dec 31, 1982	-0.2%
Dec 31, 1983	1.2%
Dec 31, 1984	0.9%
Dec 31, 1985	0.7%
Dec 31, 1986	0.8%
Dec 31, 1987	1.4%
Dec 31, 1988	2.3%
Dec 31, 1989	1.3%
Dec 31, 1990	1.5%
Dec 31, 1991	0.5%
Dec 31, 1992	1.1%
Dec 31, 1993	1.8%
Dec 31, 1994	1.9%
Dec 31, 1995	2.2%
Dec 31, 1996	2.3%
Dec 31, 1997	2.3%
Dec 31, 1998	1.1%
Dec 31, 1999	1.1%
Dec 31, 2000	3.9%
Dec 31, 2001	2.4%
Dec 31, 2002	3.2%
Dec 31, 2003	1.5%
Dec 31, 2004	0.1%
Dec 31, 2005	0.8%
Dec 31, 2006	1.0%
Dec 31, 2007	2.0%
Dec 31, 2008	1.4%
Dec 31, 2009	0.0%
Dec 31, 2010	1.4%
Dec 31, 2011	1.6%
Dec 31, 2012	1.1%
Dec 31, 2013	1.2%
Dec 31, 2014	1.0%
Dec 31, 2015	0.7%
Dec 31, 2016	1.8%
Dec 31, 2017	1.8%
Dec 31, 2018	2.3%
Dec 31, 2019	0.0%
Dec 31, 2020	-1.9%
Dec 31, 2021	-0.7%
Dec 31, 2022	-1.7%
Dec 31, 2023	-1.0%
Dec 31, 2024	-1.8%
Dec 31, 2025	—

About this indicator

Source: World Bank (opens in a new tab)

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