South Korea — Central government deficit
millions of KRW · Annual · 1953–2026 · 74 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock.
The central government deficit reading for South Korea was −21.69T KRW in 2025. The previous reading was −45.65T KRW in 2024; the period change was +23.95T KRW. The corresponding ratio to GDP was −0.81% in 2025.
Get the full series
- Annual data, 1953–2026
- The underlying source, downloadable
Latest observations
2012–2026
| Period | Value |
|---|---|
| 2026 | -52.68T KRW |
| 2025 | -21.69T KRW |
| 2024 | -45.65T KRW |
| 2023 | -24.56T KRW |
| 2022 | -40.62T KRW |
10 earlier values, back to 2012
| 2021 | -16.07T KRW |
| 2020 | -39.55T KRW |
| 2019 | 718.83B KRW |
| 2018 | 45.86T KRW |
| 2017 | 34.72T KRW |
| 2016 | 32.68T KRW |
| 2015 | 12.68T KRW |
| 2014 | 15.60T KRW |
| 2013 | 19.31T KRW |
| 2012 | 17.14T KRW |