In 2024, South Korea reported a government budget deficit of approximately **** trillion South Korean won. The fiscal deficit of South Korea worsened significantly following the outbreak of the COVID-19 pandemic.
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Statistics Korea. (June 17, 2025). Government budget balance in South Korea from 1970 to 2024 (in trillion South Korean won) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 19, 2026, from /statistics/1478342/south-korea-budget-balance/
Statistics Korea. "Government budget balance in South Korea from 1970 to 2024 (in trillion South Korean won)." Chart. June 17, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 19, 2026. /statistics/1478342/south-korea-budget-balance/
Statistics Korea. (2025). Government budget balance in South Korea from 1970 to 2024 (in trillion South Korean won). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 19, 2026. /statistics/1478342/south-korea-budget-balance/
Statistics Korea. "Government Budget Balance in South Korea from 1970 to 2024 (in Trillion South Korean Won)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 17 Jun 2025, /statistics/1478342/south-korea-budget-balance/
Statistics Korea, Government budget balance in South Korea from 1970 to 2024 (in trillion South Korean won) ÌÇÐÄÆÆ½â°æ, /statistics/1478342/south-korea-budget-balance/ (last visited July 19, 2026)
Government budget balance in South Korea from 1970 to 2024 (in trillion South Korean won) [Graph], Statistics Korea, June 17, 2025. [Online]. Available: /statistics/1478342/south-korea-budget-balance/