Gross debt, General government, Domestic currency in South Korea
South Korea: Gross debt, General government, Domestic currency was 2,147.97 trillion in 2031. ◆ Volatile
Gross debt, General government, Domestic currency in South Korea, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, gross debt, general government, domestic currency in South Korea stood at 2,147.97 trillion. That is the highest value across all 42 years on record.
Compared with earlier readings it is up 6.4% on the previous year and up 101.5% over ten years.
Over the whole period, gross debt, general government, domestic currency in South Korea peaked at 2,147.97 trillion in 2031 and was at its lowest, 26.43 trillion, in 1990.
South Korea ranks 2nd of 26 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross debt, General government, Domestic currency in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 26.43 trillion | — |
| 1991 | 29.81 trillion | +12.8% |
| 1992 | 33.36 trillion | +11.9% |
| 1993 | 35.37 trillion | +6.0% |
| 1994 | 37.08 trillion | +4.8% |
| 1995 | 38.37 trillion | +3.5% |
| 1996 | 39.66 trillion | +3.4% |
| 1997 | 54.33 trillion | +37.0% |
| 1998 | 76.93 trillion | +41.6% |
| 1999 | 96.61 trillion | +25.6% |
| 2000 | 108.71 trillion | +12.5% |
| 2001 | 121.82 trillion | +12.1% |
| 2002 | 133.73 trillion | +9.8% |
| 2003 | 165.82 trillion | +24.0% |
| 2004 | 203.69 trillion | +22.8% |
| 2005 | 247.97 trillion | +21.7% |
| 2006 | 282.78 trillion | +14.0% |
| 2007 | 298.90 trillion | +5.7% |
| 2008 | 311.05 trillion | +4.1% |
| 2009 | 361.41 trillion | +16.2% |
| 2010 | 390.04 trillion | +7.9% |
| 2011 | 459.20 trillion | +17.7% |
| 2012 | 504.61 trillion | +9.9% |
| 2013 | 565.64 trillion | +12.1% |
| 2014 | 620.57 trillion | +9.7% |
| 2015 | 676.16 trillion | +9.0% |
| 2016 | 717.51 trillion | +6.1% |
| 2017 | 735.23 trillion | +2.5% |
| 2018 | 759.72 trillion | +3.3% |
| 2019 | 810.73 trillion | +6.7% |
| 2020 | 945.15 trillion | +16.6% |
| 2021 | 1,066.25 trillion | +12.8% |
| 2022 | 1,157.19 trillion | +8.5% |
| 2023 | 1,217.32 trillion | +5.2% |
| 2024 | 1,270.77 trillion | +4.4% |
| 2025 | 1,391.67 trillion | +9.5% |
| 2026 | 1,517.92 trillion | +9.1% |
| 2027 | 1,641.06 trillion | +8.1% |
| 2028 | 1,767.41 trillion | +7.7% |
| 2029 | 1,891.73 trillion | +7.0% |
| 2030 | 2,018.54 trillion | +6.7% |
| 2031 | 2,147.97 trillion | +6.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 46.80 trillion | 26.43 trillion | 96.61 trillion | 10 |
| 2000s | 223.59 trillion | 108.71 trillion | 361.41 trillion | 10 |
| 2010s | 623.94 trillion | 390.04 trillion | 810.73 trillion | 10 |
| 2020s | 1,386.65 trillion | 945.15 trillion | 1,891.73 trillion | 10 |
| 2030s | 2,083.26 trillion | 2,018.54 trillion | 2,147.97 trillion | 2 |
Countries ranked near South Korea
More external debt data for South Korea
- Net financial flows, IDA 0 NFL, current US$ (2015)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2015)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0 NFL, current US$ per US$ of GDP (2015)
- Net financial flows, IBRD 0 NFL, current US$ (2016)
- Net financial flows, IDA (NFL, current US$), per square kilometre 0 NFL, current US$ per square kilometre (2015)
- Net financial flows, IDA (NFL, current US$), annual growth rate 100 % change on previous year (2010)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 100 % change on previous year (2014)
- Other investment, Debt instruments 309.08 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 7.57 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 188.50 billion US dollar (2025)
Frequently asked questions
- What is gross debt, general government, domestic currency in South Korea?
- Gross debt, general government, domestic currency in South Korea was 2,147.97 trillion in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, domestic currency recorded in South Korea?
- The highest recorded value was 2,147.97 trillion in 2031.
- What is the lowest gross debt, general government, domestic currency recorded in South Korea?
- The lowest recorded value was 26.43 trillion in 1990.
- How does South Korea rank for gross debt, general government, domestic currency?
- South Korea ranks 2nd out of 26 countries with data for 2031.
- Is gross debt, general government, domestic currency rising or falling in South Korea?
- Over the last ten years it is up 101.5%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.
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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.