ForecastEconomy

General government budget balance in South Korea, 2018

General government budget balance in 2018: Annual value — 2.4241 % of GDP. Comparison with the previous year and position in the series history. Official data — International Monetary Fund.

General government budget balance in 2018 — neighbouring years chart, Annual value 2.4241 % of GDP, source International Monetary Fund
General government budget balance in 2018 — value in the context of neighbouring years. Source: International Monetary Fund. forecasteconomy.com

General government budget balance in 2018

  • Value: 2.4241 % of GDP
  • Change vs 2017: +0.3475 % of GDP (+16.73 %)
  • Position in history: above the 31-year average (average — 1.0756 % of GDP)
  • Series maximum — 3.9052 % of GDP in 2000 (18 years ago)
  • Series minimum — −2.1054 % of GDP in 2020
  • Value date: 1 January 2018
  • Source: International Monetary Fund

Dynamics over neighbouring years

YearValue, % of GDP
20130.7895
20140.573
20150.4968
20161.5631
20172.0766
20182.4241
20190.3506
2020−2.1054
2021−0.0186
2022−1.4917

Full history and interactive chart

Complete series for South Korea — on the General government budget balance page.

Other years

Interactive charts, comparisons, and validated forecasts — official statistics for national economies, their regions, and available countries. Browsing is open to everyone; downloads require a free account.

Open the platform