In 2022, the central government's fiscal balance in South Korea accounted for about -7 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 3, 2023). Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022 [Graph]. In Statista. Retrieved May 25, 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 3, 2023. Statista. Accessed May 25, 2024. https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/
Asian Development Bank. (2023). Share of central government's fiscal balance in gross domestic product (GDP) in South Korea from 2017 to 2022. Statista. Statista Inc.. Accessed: May 25, 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., 3 Apr 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 2022 Statista, https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/ (last visited May 25, 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 3, 2023. [Online]. Available: https://www.statista.com/statistics/934602/south-korea-fiscal-balance-government-as-a-share-of-gdp/