In 2022, the central government's fiscal balance in South Korea accounted for about -6.8 percent of gross domestic product (GDP). The government's fiscal balance as a share of GDP has declined in recent years.
Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022
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Asian Development Bank. (April 10, 2024). Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/
Asian Development Bank. "Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022." Chart. April 10, 2024. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/
Asian Development Bank. (2024). Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/
Asian Development Bank. "Share of Central Government's Fiscal Balance in Gross Domestic Product (Gdp) in South Korea from 2017 to 2022." Statista, Statista Inc., 10 Apr 2024, https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/
Asian Development Bank, Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022 Statista, https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/ (last visited November 09, 2024)
Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022 [Graph], Asian Development Bank, April 10, 2024. [Online]. Available: https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/