Canada vs South Korea: Net debt, General government, Percent of GDP

Canada
15.87
in 2030
South Korea
12.88
in 2030
Canada rank
79th
South Korea rank
81st

Net debt, General government, Percent of GDP over time

  • Canada
  • South Korea
0204060199120102030

How they compare

Canada currently reports 15.87 against 12.88 in South Korea, a difference of 2.99.

That makes Canada's figure about 1.2 times South Korea's.

Across all 18 years both countries report, Canada has been ahead every year.

Canada ranks 79th and South Korea ranks 81st of 90 countries.

Canada has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Canada South Korea Difference Ahead
2010s 16.86 -1.69 18.55 Canada
2020s 14.43 8.05 6.38 Canada
2030s 15.87 12.88 2.99 Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net debt, general government, percent of gdp, Canada or South Korea?
Canada, at 15.87 against 12.88 in South Korea as of 2030.
What is the difference in net debt, general government, percent of gdp between Canada and South Korea?
2.99, with Canada ahead.
How many years of comparable data are there for Canada and South Korea?
18 years are reported by both, from 2013 to 2030.
How do Canada and South Korea rank globally for net debt, general government, percent of gdp?
Canada ranks 79th and South Korea ranks 81st of 90 countries.
Where does this data come from?
International Monetary Fund, published as Net debt, General government, Percent of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs South Korea: Net debt, General government, Percent of GDP. Statizoid, drawing on International Monetary Fund. Retrieved 12 November 2026, from https://debt.statizoid.com/compare/net-debt-general-government-percent-of-gdp/canada/korea-rep/

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About this data

Indicator
Net debt, General government, Percent of GDP
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
105 places, 3,406 data points, 1991–2030
Last refreshed

Fiscal Monitor (FM) 2025 October