South Korea — Combined government deficit
millions of KRW · Annual · 1953–2031 · 79 observations
About this series
The combined 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. WED's combined-government scope requires source metadata.
South Korea's combined government deficit reading was −66.56T KRW in 2025. The period change from −37.48T KRW in 2024 was −29.08T KRW. The corresponding ratio to GDP was −2.5% in 2025.
Get the full series
- Annual data, 1953–2031
- The underlying source, downloadable
Latest observations
2016–2031
| Period | Value |
|---|---|
| 2031 | -36.69T KRW |
| 2030 | -35.59T KRW |
| 2029 | -34.07T KRW |
| 2028 | -38.53T KRW |
| 2027 | -59.98T KRW |
11 earlier values, back to 2016
| 2026 | -59.71T KRW |
| 2025 | -66.56T KRW |
| 2024 | -37.48T KRW |
| 2023 | -20.83T KRW |
| 2022 | -186.90B KRW |
| 2021 | -7.00T KRW |
| 2020 | -53.01T KRW |
| 2019 | 18.48T KRW |
| 2018 | 57.25T KRW |
| 2017 | 48.11T KRW |
| 2016 | 37.92T KRW |