South Korea vs Latvia: Gross debt, General government, Percent of GDP (9/26/2025)
South Korea
63.15
in 2031
Latvia
53.49
in 2031
South Korea rank
10th
Latvia rank
13th
Gross debt, General government, Percent of GDP (9/26/2025) over time
- South Korea
- Latvia
How they compare
South Korea currently reports 63.15 against 53.49 in Latvia, a difference of 9.66.
That makes South Korea's figure about 1.2 times Latvia's.
The two have swapped places 6 times across 34 shared years of data; in 1998 it was South Korea ahead.
South Korea ranks 10th and Latvia ranks 13th of 26 countries.
Across the 5 decades both report, South Korea averaged higher in 4 and Latvia in 1.
Head to head by decade
| Decade | South Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.79 | 12.32 | 2.46 | South Korea |
| 2000s | 22.28 | 16.82 | 5.46 | South Korea |
| 2010s | 36.1 | 42.08 | 5.98 | Latvia |
| 2020s | 52.58 | 46.84 | 5.74 | South Korea |
| 2030s | 62.43 | 52.85 | 9.58 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross debt, general government, percent of gdp, South Korea or Latvia?
- South Korea, at 63.15 against 53.49 in Latvia as of 2031.
- What is the difference in gross debt, general government, percent of gdp between South Korea and Latvia?
- 9.66, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latvia?
- 34 years are reported by both, from 1998 to 2031.
- How do South Korea and Latvia rank globally for gross debt, general government, percent of gdp?
- South Korea ranks 10th and Latvia ranks 13th of 26 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross debt, General government, Percent of GDP (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.