Japan vs South Korea: Gross debt, General government, Domestic currency (9/26/2025)

Japan
1,506.42 trillion
in 2031
South Korea
2,147.97 trillion
in 2031
Japan rank
3rd
South Korea rank
2nd

Gross debt, General government, Domestic currency (9/26/2025) over time

  • Japan
  • South Korea
0500.0T1,000.0T1,500.0T2,000.0T198020052031

How they compare

South Korea currently reports 2,147.97 trillion against 1,506.42 trillion in Japan, a difference of 641.55 trillion.

That makes South Korea's figure about 1.4 times Japan's.

The two have swapped places 1 time across 42 shared years of data; in 1990 it was Japan ahead.

Japan ranks 3rd and South Korea ranks 2nd of 26 countries.

Across the 5 decades both report, Japan averaged higher in 3 and South Korea in 2.

Head to head by decade

Decade Japan South Korea Difference Ahead
1990s 409.54 trillion 46.80 trillion 362.74 trillion Japan
2000s 773.28 trillion 223.59 trillion 549.69 trillion Japan
2010s 1,068.27 trillion 623.94 trillion 444.33 trillion Japan
2020s 1,362.08 trillion 1,386.65 trillion 24.57 trillion South Korea
2030s 1,490.64 trillion 2,083.26 trillion 592.62 trillion South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross debt, general government, domestic currency, Japan or South Korea?
South Korea, at 2,147.97 trillion against 1,506.42 trillion in Japan as of 2031.
What is the difference in gross debt, general government, domestic currency between Japan and South Korea?
641.55 trillion, with South Korea ahead.
How many years of comparable data are there for Japan and South Korea?
42 years are reported by both, from 1990 to 2031.
How do Japan and South Korea rank globally for gross debt, general government, domestic currency?
Japan ranks 3rd 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.

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Japan vs South Korea: Gross debt, General government, Domestic currency. Statizoid, drawing on International Monetary Fund. Retrieved 12 November 2026, from https://debt.statizoid.com/compare/gross-debt-general-government-domestic-currency-9-26-2025/japan/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.