India vs Republic of Korea: Gross debt, General government, Domestic currency

India
498.27 trillion
in 2031
Republic of Korea
2,147.97 trillion
in 2031
India rank
4th
Republic of Korea rank
2nd

Gross debt, General government, Domestic currency over time

  • India
  • Republic of Korea
0500.0T1,000.0T1,500.0T2,000.0T199020102031

How they compare

Republic of Korea currently reports 2,147.97 trillion against 498.27 trillion in India, a difference of 1,649.70 trillion.

That makes Republic of Korea's figure about 4.3 times India's.

Across all 41 years both countries report, Republic of Korea has been ahead every year.

India ranks 4th and Republic of Korea ranks 2nd of 26 countries.

Republic of Korea has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade India Republic of Korea Difference Ahead
1990s 8.96 trillion 49.06 trillion 40.10 trillion Republic of Korea
2000s 29.39 trillion 223.59 trillion 194.19 trillion Republic of Korea
2010s 94.30 trillion 623.94 trillion 529.64 trillion Republic of Korea
2020s 287.98 trillion 1,386.65 trillion 1,098.67 trillion Republic of Korea
2030s 479.18 trillion 2,083.26 trillion 1,604.07 trillion Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross debt, general government, domestic currency, India or Republic of Korea?
Republic of Korea, at 2,147.97 trillion against 498.27 trillion in India as of 2031.
What is the difference in gross debt, general government, domestic currency between India and Republic of Korea?
1,649.70 trillion, with Republic of Korea ahead.
How many years of comparable data are there for India and Republic of Korea?
41 years are reported by both, from 1991 to 2031.
How do India and Republic of Korea rank globally for gross debt, general government, domestic currency?
India ranks 4th and Republic of Korea ranks 2nd of 26 countries.
Where does this data come from?
International Monetary Fund, published as Gross debt, General government, Domestic currency (9/26/2025). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Republic of Korea: Gross debt, General government, Domestic currency. Statizoid, drawing on International Monetary Fund. Retrieved 06 September 2026, from https://debt.statizoid.com/compare/gross-debt-general-government-domestic-currency-9-26-2025/india/korea-rep/

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About this data

Indicator
Gross debt, General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 992 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.