South Korea — General government deficit

millions of LCU · Annual · 1953–2030 · 77 observations

About this series

The general 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.

South Korea's general government deficit reading was −74.79T LCU in 2025. The period change from −80.52T LCU in 2024 was +5.72T LCU. The corresponding ratio to GDP was −2.8% in 2025.

-100.00T-50.00T050.00T100.00T1953201520202030LCUSubscribe to view

Get the full series

  • Annual data, 1953–2030
  • All 3 sources, downloadable

Latest observations

2015–2030

PeriodValue
2030-51.77T LCU
2029-57.11T LCU
2028-63.73T LCU
2027-64.45T LCU
2026-59.94T LCU
11 earlier values, back to 2015
2025-74.79T LCU
2024-80.52T LCU
2023-16.98T LCU
2022-186.90B LCU
2021-7.00T LCU
2020-53.01T LCU
201918.48T LCU
201857.25T LCU
201748.11T LCU
201637.92T LCU
201519.01T LCU
Data release 2026_08_27_1049, published 30 Sept 2026.