In 2021, the central government's fiscal balance in South Korea accounted for about -5.3 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 2021
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Asian Development Bank. (April 6, 2022). Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2021 [Graph]. In Statista. Retrieved June 10, 2023, 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 2021." Chart. April 6, 2022. Statista. Accessed June 10, 2023. https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/
Asian Development Bank. (2022). Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2021. Statista. Statista Inc.. Accessed: June 10, 2023. 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 2021." Statista, Statista Inc., 6 Apr 2022, 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 2021 Statista, https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/ (last visited June 10, 2023)
Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2021 [Graph], Asian Development Bank, April 6, 2022. [Online]. Available: https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/