South Korea — Central government deficit (% of GDP)
% of GDP · 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. This series expresses that measure as a percentage of GDP for the matching period.
South Korea's central government deficit reading was −0.81% of GDP in 2025. The period change from −1.79% of GDP in 2024 was +0.97 percentage points. The latest reading was below the selected 10-year average of −0.21% of GDP.
Get the full series
- Annual data, 1953–2026
- All 3 sources, downloadable
Latest observations
2012–2026
| Period | Value |
|---|---|
| 2026 | -1.89 % of GDP |
| 2025 | -0.81 % of GDP |
| 2024 | -1.79 % of GDP |
| 2023 | -1.02 % of GDP |
| 2022 | -1.75 % of GDP |
10 earlier values, back to 2012
| 2021 | -0.72 % of GDP |
| 2020 | -1.92 % of GDP |
| 2019 | 0.04 % of GDP |
| 2018 | 2.28 % of GDP |
| 2017 | 1.79 % of GDP |
| 2016 | 1.78 % of GDP |
| 2015 | 0.73 % of GDP |
| 2014 | 0.95 % of GDP |
| 2013 | 1.23 % of GDP |
| 2012 | 1.14 % of GDP |