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Korea Lowest Budget Deficit

-2.11% in 2020
General government net lending/borrowing as % of GDP · IMF WEO

The lowest budget deficit in Korea was -2.11% in 2020. The top 5 years were: 2020 (-2.11%), 2025 (-1.52%), 2022 (-1.49%), 2024 (-0.78%), 2023 (-0.67%).

Top 5 Lowest Years
Korea Top 5 Lowest Budget Deficit Years
RankYearValue
1st 2020 -2.11%
2nd 2025 -1.52%
3rd 2022 -1.49%
4th 2024 -0.78%
5th 2023 -0.67%
All Data (sorted by value)
YearValueChangeRank
2025 -1.52% −0.73% 54th
2024 -0.78% −0.11% 142nd
2023 -0.67% +0.82% 142nd
2022 -1.49% −1.47% 119th
2020 -2.11% −2.46% 165th
2021 -0.02% +2.09% 166th
2019 0.35% −2.07% 142nd
2015 0.50% −0.08% 170th
2014 0.57% −0.22% 155th
2013 0.79% −0.84% 163rd
2009 0.24% −1.34% 163rd
2004 0.09% −1.42% 128th
2018 2.42% +0.35% 166th
2017 2.08% +0.51% 174th
2016 1.56% +1.07% 174th
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