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South Korea Fiscal Balance
-1.4% GDPas of 2025
South Korea's fiscal balance stands at -1.4% GDP as of 2025. The indicator has decreased from 0.6% in 2014 to -1.4% in 2025. Source: IMF WEO.
Historical trend (2014–2025)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | 0.6% GDP | — |
| 2015 | 0.5% GDP | -0.1pp |
| 2016 | 1.6% GDP | +1.1pp |
| 2017 | 2.1% GDP | +0.5pp |
| 2018 | 2.4% GDP | +0.3pp |
| 2019 | 0.4% GDP | -2.0pp |
| 2020 | -2.1% GDP | -2.5pp |
| 2021 | 0% GDP | +2.1pp |
| 2022 | -1.5% GDP | -1.5pp |
| 2023 | -0.7% GDP | +0.8pp |
| 2024 | -0.8% GDP | -0.1pp |
| 2025 | -1.4% GDP | -0.6pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.