Government Budget Balance (As % of GDP) in South Korea

Government budget balance as a share of gdp reached 2.78% in 2013 in South Korea, according to the National Statistical Office. This is 23.7% more than in the previous year.

Historically, government budget balance as a share of GDP in South Korea reached an all time high of 4.66% in 2007 and an all time low of -1.14% in 2009.

South Korea has been ranked 2nd within the group of 61 countries we follow in terms of government budget balance as a share of GDP.