Net debt, General government, Percent of GDP in Republic of Korea
Republic of Korea: Net debt, General government, Percent of GDP was 12.88 in 2030. ◆ Volatile
Net debt, General government, Percent of GDP in Republic of Korea, 2013–2030
Source: International Monetary Fund.
Analysis
The most recent figure for net debt, general government, percent of gdp in Republic of Korea is 12.88, measured in 2030. That is the highest value across all 18 years on record.
That represents a change of up 4.8% on the previous year and up 495.2% over ten years.
Over the whole period, net debt, general government, percent of gdp in Republic of Korea peaked at 12.88 in 2030 and was at its lowest, -2.7, in 2013.
Republic of Korea ranks 81st of 90 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net debt, General government, Percent of GDP in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | -2.7 | — |
| 2014 | -2.63 | -2.9% |
| 2015 | -1.11 | -57.8% |
| 2016 | -0.715 | -35.5% |
| 2017 | -0.6818 | -4.6% |
| 2018 | -2.49 | +265.3% |
| 2019 | -1.53 | -38.5% |
| 2020 | 2.16 | -241.3% |
| 2021 | 2.65 | +22.5% |
| 2022 | 6.18 | +133.1% |
| 2023 | 7.4 | +19.7% |
| 2024 | 7.81 | +5.6% |
| 2025 | 9.3 | +19.0% |
| 2026 | 10.26 | +10.4% |
| 2027 | 10.9 | +6.2% |
| 2028 | 11.59 | +6.4% |
| 2029 | 12.29 | +6.0% |
| 2030 | 12.88 | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.69 | -2.7 | -0.6818 | 7 |
| 2020s | 8.05 | 2.16 | 12.29 | 10 |
| 2030s | 12.88 | 12.88 | 12.88 | 1 |
Countries ranked near Republic of Korea
More external debt data for Republic of 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 net debt, general government, percent of gdp in Republic of Korea?
- Net debt, general government, percent of gdp in Republic of Korea was 12.88 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Republic of Korea?
- The highest recorded value was 12.88 in 2030.
- What is the lowest net debt, general government, percent of gdp recorded in Republic of Korea?
- The lowest recorded value was -2.7 in 2013.
- How does Republic of Korea rank for net debt, general government, percent of gdp?
- Republic of Korea ranks 81st out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 495.2%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of Net 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