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Public Sector Accounts for the year 2020 (preliminary)

지출국민소득팀 (82-2-759-4385) 2021.09.16 477

ㅇ In 2020, the total revenue of the public sector(including the general government sector, non-financial public corporations and financial public corporations) recorded 883.4 trillion won, an increase of 4.9 trillion won from the previous year's total of 878.4 trillion won (a 0.6% increase).

ㅇ The total expenditure of the public sector was 934.0 trillion won in 2020, increasing by 70.2 trillion won from the previous year's total of 863.8 trillion won (an 8.1% increase).

⇒ The net lending(total revenue minus total expenditure) of the public sector declined from a surplus to a deficit, and recorded minus 50.6 trillion won, which was a 65.3 trillion won decrease from the previous year (+14.7 trillion won).