India vs South Korea: Gross debt, General government, Domestic currency (9/26/2025)
India
498.27 trillion
in 2031
South Korea
2,147.97 trillion
in 2031
India rank
4th
South Korea rank
2nd
Gross debt, General government, Domestic currency (9/26/2025) over time
- India
- South Korea
How they compare
South Korea currently reports 2,147.97 trillion against 498.27 trillion in India, a difference of 1,649.70 trillion.
That makes South Korea's figure about 4.3 times India's.
Across all 41 years both countries report, South Korea has been ahead every year.
India ranks 4th and South Korea ranks 2nd of 26 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | India | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 8.96 trillion | 49.06 trillion | 40.10 trillion | South Korea |
| 2000s | 29.39 trillion | 223.59 trillion | 194.19 trillion | South Korea |
| 2010s | 94.30 trillion | 623.94 trillion | 529.64 trillion | South Korea |
| 2020s | 287.98 trillion | 1,386.65 trillion | 1,098.67 trillion | South Korea |
| 2030s | 479.18 trillion | 2,083.26 trillion | 1,604.07 trillion | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross debt, general government, domestic currency, India or South Korea?
- South 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 South Korea?
- 1,649.70 trillion, with South Korea ahead.
- How many years of comparable data are there for India and South Korea?
- 41 years are reported by both, from 1991 to 2031.
- How do India and South Korea rank globally for gross debt, general government, domestic currency?
- India ranks 4th and South 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.
Individual pages
About this data
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.