Net lending (+) / net borrowing (-), General government, Domestic in Republic of Korea

Republic of Korea: Net lending (+) / net borrowing (-), General government, Domestic was -36.70 trillion in 2031. ◆ Volatile

Latest (2031)
-36.70 trillion
Change on year
down 3.1%
World rank
24th
of 26 countries
All-time high
48.65 trillion
in 2018
All-time low
-43.34 trillion
in 2020
Years of data
37
1995–2031

Net lending (+) / net borrowing (-), General government, Domestic in Republic of Korea, 1995–2031

-40.0T-20.0T020.0T40.0T1995201320311995: 9.8T1996: 11.7T1997: 13.0T1998: 6.1T1999: 7.0T2000: 26.4T2001: 17.7T2002: 26.3T2003: 13.1T2004: 813.5B2005: 9.5T2006: 12.4T2007: 28.3T2008: 19.0T2009: 3.0T2010: 22.2T2011: 24.9T2012: 24.5T2013: 12.4T2014: 9.4T2015: 8.6T2016: 28.7T2017: 40.2T2018: 48.7T2019: 7.2T2020: -43.3T2021: -414.0B2022: -34.7T2023: -16.1T2024: -20.0T2025: -38.1T2026: -40.7T2027: -38.2T2028: -38.5T2029: -34.1T2030: -35.6T2031: -36.7T

Source: International Monetary Fund.

Analysis

In 2031, net lending (+) / net borrowing (-), general government, domestic in Republic of Korea stood at -36.70 trillion.

The figure is down 3.1% on the previous year and down 8,765.8% over ten years.

Over the whole period, net lending (+) / net borrowing (-), general government, domestic in Republic of Korea peaked at 48.65 trillion in 2018 and was at its lowest, -43.34 trillion, in 2020.

That places Republic of Korea 24th out of 26 countries with data for 2031, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Net lending (+) / net borrowing (-), General government, Domestic in Republic of Korea, year by year

Annual values for Net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025) in Republic of Korea, 1995 to 2031.
Year Value Change
1995 9.77 trillion
1996 11.67 trillion +19.5%
1997 12.97 trillion +11.2%
1998 6.07 trillion -53.2%
1999 7.02 trillion +15.6%
2000 26.39 trillion +275.8%
2001 17.73 trillion -32.8%
2002 26.26 trillion +48.1%
2003 13.10 trillion -50.1%
2004 813.46 billion -93.8%
2005 9.50 trillion +1068.1%
2006 12.39 trillion +30.4%
2007 28.30 trillion +128.4%
2008 19.02 trillion -32.8%
2009 3.00 trillion -84.2%
2010 22.16 trillion +637.5%
2011 24.93 trillion +12.5%
2012 24.54 trillion -1.6%
2013 12.40 trillion -49.5%
2014 9.39 trillion -24.3%
2015 8.65 trillion -7.9%
2016 28.65 trillion +231.3%
2017 40.17 trillion +40.2%
2018 48.65 trillion +21.1%
2019 7.16 trillion -85.3%
2020 -43.34 trillion -705.7%
2021 -414.00 billion -99.0%
2022 -34.66 trillion +8273.2%
2023 -16.12 trillion -53.5%
2024 -20.02 trillion +24.2%
2025 -38.14 trillion +90.5%
2026 -40.72 trillion +6.8%
2027 -38.16 trillion -6.3%
2028 -38.54 trillion +1.0%
2029 -34.08 trillion -11.6%
2030 -35.60 trillion +4.5%
2031 -36.70 trillion +3.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.50 trillion 6.07 trillion 12.97 trillion 5
2000s 15.65 trillion 813.46 billion 28.30 trillion 10
2010s 22.67 trillion 7.16 trillion 48.65 trillion 10
2020s -30.42 trillion -43.34 trillion -414.00 billion 10
2030s -36.15 trillion -36.70 trillion -35.60 trillion 2

Countries ranked near Republic of Korea

  1. 21 Türkiye -5.55 trillion compare
  2. 22 Nigeria -19.81 trillion compare
  3. 23 Japan -31.56 trillion compare
  4. 25 India -42.02 trillion compare
  5. 26 Iran, Islamic Republic of -75,190.90 trillion compare

See the full ranking of 26 places →

More external debt data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is net lending (+) / net borrowing (-), general government, domestic in Republic of Korea?
Net lending (+) / net borrowing (-), general government, domestic in Republic of Korea was -36.70 trillion in 2031, according to International Monetary Fund.
What is the highest net lending (+) / net borrowing (-), general government, domestic recorded in Republic of Korea?
The highest recorded value was 48.65 trillion in 2018.
What is the lowest net lending (+) / net borrowing (-), general government, domestic recorded in Republic of Korea?
The lowest recorded value was -43.34 trillion in 2020.
How does Republic of Korea rank for net lending (+) / net borrowing (-), general government, domestic?
Republic of Korea ranks 24th out of 26 countries with data for 2031.
Is net lending (+) / net borrowing (-), general government, domestic rising or falling in Republic of Korea?
Over the last ten years it is down 8,765.8%. 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 lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025). Statizoid updates them automatically from the source API.

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Net lending (+) / net borrowing (-), General government, Domestic in Republic of Korea. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://debt.statizoid.com/stat/net-lending-net-borrowing-general-government-domestic-currency-9-26-2025/korea-rep/

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About this data

Indicator
Net lending (+) / net borrowing (-), General government, Domestic currency (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,076 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.