Government budget balance reached 5,587 in 2023 in South Korea, according to the National Statistical Office. This is 4.55% more than in the previous year.
Historically, government budget balance in South Korea reached an all time high of 44,054 in 2018 and an all time low of 209 in 2004.
South Korea has been ranked 1st within the group of 84 countries we follow in terms of government budget balance.
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