South Korea’s 2025 budget proposal, amounting to approximately $509.7 billion (677.4 trillion won), outlines a plan to increase government spending by 3.2% while aiming to reduce the fiscal deficit to 2.9% of gross domestic product.

Some sectors benefit from increased allocations while others face significant cuts. These cuts impact domestic and foreign businesses, creating “winners” and “losers” depending on their alignment with government priorities.