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South Korea Government Budget

Government
South Korea
Source: South Korea Government Budget, released on Dec 31 by Statistics Korea
-2.60%
Overview
Current Value
-2.60%
Average Value (10 years)
-2.52%
Statistical Analysis
Current Status
Normal
Historical Average
-2.52%
Long-term mean
Historical Data
DateValueChange
12-31-2023-2.60%+1.80%
12-31-2022-4.40%+1.20%
12-31-2021-5.60%-2.10%
12-31-2020-3.50%-1.60%
12-31-2019-1.90%-1.30%
Forecast & Analysis

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Next Period Forecast
-2.60%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value-2.60%
Average Value (10 years)-2.52%

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Economic data last updated May 18, 2025