Japan vs South Korea: Primary net lending (+) / net borrowing (-), General … Domestic

Japan
-18.03 trillion
in 2031
South Korea
-29.09 trillion
in 2031
Japan rank
22nd
South Korea rank
23rd

Primary net lending (+) / net borrowing (-), General … Domestic over time

  • Japan
  • South Korea
-60.0T-40.0T-20.0T020.0T40.0T198020052031

How they compare

Japan currently reports -18.03 trillion against -29.09 trillion in South Korea, a difference of 11.06 trillion.

The two have swapped places 3 times across 37 shared years of data; in 1995 it was South Korea ahead.

Japan ranks 22nd and South Korea ranks 23rd of 24 countries.

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

Head to head by decade

Decade Japan South Korea Difference Ahead
1990s -24.77 trillion 12.59 trillion 37.36 trillion South Korea
2000s -24.84 trillion 8.09 trillion 32.93 trillion South Korea
2010s -23.64 trillion 15.23 trillion 38.87 trillion South Korea
2020s -18.34 trillion -31.74 trillion 13.40 trillion Japan
2030s -17.40 trillion -29.18 trillion 11.78 trillion Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher primary net lending (+) / net borrowing (-), general government, Japan or South Korea?
Japan, at -18.03 trillion against -29.09 trillion in South Korea as of 2031.
What is the difference in primary net lending (+) / net borrowing (-), general government between Japan and South Korea?
11.06 trillion, with Japan ahead.
How many years of comparable data are there for Japan and South Korea?
37 years are reported by both, from 1995 to 2031.
How do Japan and South Korea rank globally for primary net lending (+) / net borrowing (-), general government?
Japan ranks 22nd and South Korea ranks 23rd of 24 countries.
Where does this data come from?
International Monetary Fund, published as Primary net lending (+) / net borrowing (-), 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: Primary net lending (+) / net borrowing (-), General government. Statizoid, drawing on International Monetary Fund. Retrieved 12 November 2026, from https://debt.statizoid.com/compare/primary-net-lending-net-borrowing-general-government-domestic-currency-9-26-2025/japan/korea-rep/

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About this data

Indicator
Primary net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
24 places, 929 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.