Gross debt, General government, Percent of GDP in South Korea
South Korea: Gross debt, General government, Percent of GDP was 64.29 in 2030. ◆ Volatile
Gross debt, General government, Percent of GDP in South Korea, 1991–2030
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, general government, percent of gdp in South Korea is 64.29, measured in 2030. That is the highest value across all 40 years on record.
The figure is up 2.5% on the previous year and up 40.0% over ten years.
Over the whole period, gross debt, general government, percent of gdp in South Korea peaked at 64.29 in 2030 and was at its lowest, 7.81, in 1996.
South Korea ranks 65th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross debt, General government, Percent of GDP in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 11.93 | — |
| 1992 | 11.65 | -2.4% |
| 1993 | 10.86 | -6.7% |
| 1994 | 9.63 | -11.3% |
| 1995 | 8.48 | -11.9% |
| 1996 | 7.81 | -7.9% |
| 1997 | 9.69 | +24.1% |
| 1998 | 13.82 | +42.5% |
| 1999 | 15.76 | +14.1% |
| 2000 | 16.09 | +2.1% |
| 2001 | 16.63 | +3.3% |
| 2002 | 16.44 | -1.1% |
| 2003 | 19.1 | +16.2% |
| 2004 | 21.6 | +13.1% |
| 2005 | 24.92 | +15.3% |
| 2006 | 27.04 | +8.5% |
| 2007 | 26.35 | -2.6% |
| 2008 | 25.86 | -1.9% |
| 2009 | 28.79 | +11.3% |
| 2010 | 28.27 | -1.8% |
| 2011 | 31.7 | +12.1% |
| 2012 | 33.54 | +5.8% |
| 2013 | 36.01 | +7.4% |
| 2014 | 37.87 | +5.2% |
| 2015 | 38.84 | +2.6% |
| 2016 | 39.14 | +0.8% |
| 2017 | 38.01 | -2.9% |
| 2018 | 37.85 | -0.4% |
| 2019 | 39.73 | +5.0% |
| 2020 | 45.92 | +15.6% |
| 2021 | 47.99 | +4.5% |
| 2022 | 49.8 | +3.8% |
| 2023 | 50.54 | +1.5% |
| 2024 | 49.81 | -1.4% |
| 2025 | 53.37 | +7.1% |
| 2026 | 56.66 | +6.2% |
| 2027 | 58.89 | +3.9% |
| 2028 | 60.94 | +3.5% |
| 2029 | 62.73 | +2.9% |
| 2030 | 64.29 | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.07 | 7.81 | 15.76 | 9 |
| 2000s | 22.28 | 16.09 | 28.79 | 10 |
| 2010s | 36.1 | 28.27 | 39.73 | 10 |
| 2020s | 53.66 | 45.92 | 62.73 | 10 |
| 2030s | 64.29 | 64.29 | 64.29 | 1 |
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, percent of gdp in South Korea?
- Gross debt, general government, percent of gdp in South Korea was 64.29 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in South Korea?
- The highest recorded value was 64.29 in 2030.
- What is the lowest gross debt, general government, percent of gdp recorded in South Korea?
- The lowest recorded value was 7.81 in 1996.
- How does South Korea rank for gross debt, general government, percent of gdp?
- South Korea ranks 65th out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in South Korea?
- Over the last ten years it is up 40.0%. 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, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October