Japan vs Korea, Republic of: Annual government deficit/surplus, revenue, expenditure and main

Japan
53.41 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2024
Korea, Republic of
247.05 million Domestic currency (incl. conversion to current currency made using a fixed parit
in 2024
Japan rank
3rd
Korea, Republic of rank
1st

Annual government deficit/surplus, revenue, expenditure and main over time

  • Japan
  • Korea, Republic of
050.0M100.0M150.0M200.0M250.0M197019972024

How they compare

Korea, Republic of currently reports 247.05 million Domestic currency (incl. conversion to current currency made using a fixed parit against 53.41 million Domestic currency (incl. conversion to current currency made using a fixed parit in Japan, a difference of 193.63 million Domestic currency (incl. conversion to current currency made using a fixed parit.

That makes Korea, Republic of's figure about 4.6 times Japan's.

Across all 20 years both countries report, Korea, Republic of has been ahead every year.

Japan ranks 3rd and Korea, Republic of ranks 1st of 30 countries.

Korea, Republic of has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Japan Korea, Republic of Difference Ahead
2000s 47.79 million Domestic currency (incl. conversion to current currency made using a fixed parit 96.13 million Domestic currency (incl. conversion to current currency made using a fixed parit 48.35 million Domestic currency (incl. conversion to current currency made using a fixed parit Korea, Republic of
2010s 46.75 million Domestic currency (incl. conversion to current currency made using a fixed parit 148.07 million Domestic currency (incl. conversion to current currency made using a fixed parit 101.32 million Domestic currency (incl. conversion to current currency made using a fixed parit Korea, Republic of
2020s 50.65 million Domestic currency (incl. conversion to current currency made using a fixed parit 223.04 million Domestic currency (incl. conversion to current currency made using a fixed parit 172.38 million Domestic currency (incl. conversion to current currency made using a fixed parit Korea, Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual government deficit/surplus, revenue, expenditure and main, Japan or Korea, Republic of?
Korea, Republic of, at 247.05 million Domestic currency (incl. conversion to current currency made using a fixed parit against 53.41 million Domestic currency (incl. conversion to current currency made using a fixed parit in Japan as of 2024.
What is the difference in annual government deficit/surplus, revenue, expenditure and main between Japan and Korea, Republic of?
193.63 million Domestic currency (incl. conversion to current currency made using a fixed parit, with Korea, Republic of ahead.
How many years of comparable data are there for Japan and Korea, Republic of?
20 years are reported by both, from 2005 to 2024.
How do Japan and Korea, Republic of rank globally for annual government deficit/surplus, revenue, expenditure and main?
Japan ranks 3rd and Korea, Republic of ranks 1st of 30 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual government deficit/surplus, revenue, expenditure and main aggregates IDC. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Korea, Republic of: Annual government deficit/surplus, revenue, expenditure and main. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 15 September 2026, from https://public-sector.statizoid.com/compare/annual-government-deficit-surplus-revenue-expenditure-and-main-aggregates-idc/japan/korea-republic-of/

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About this data

Indicator
Annual government deficit/surplus, revenue, expenditure and main aggregates IDC
Unit
Domestic currency (incl. conversion to current currency made using a fixed parit
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
38 places, 1,190 data points, 1970–2025
Last refreshed