Net lending (+) / net borrowing (-), General government … Domestic in South Korea
South Korea: Net lending (+) / net borrowing (-), General government … Domestic was -36.70 trillion in 2031. ◆ Volatile
Net lending (+) / net borrowing (-), General government, Domestic in South Korea, 1995–2031
Source: International Monetary Fund.
Analysis
In 2031, net lending (+) / net borrowing (-), general government, domestic in South 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 South Korea peaked at 48.65 trillion in 2018 and was at its lowest, -43.34 trillion, in 2020.
That places South 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 South Korea, year by year
| 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% |
South Korea compared with similar countries
- South Korea's -36.70 trillion is below the median for high income countries, which is -33.55 billion, 1094.0× the median. (13 countries reporting)
- South Korea's -36.70 trillion is below the median for East Asia & Pacific, which is -54.13 billion, 678.1× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Net lending (+) / net borrowing (-), General government … Domestic in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -8273.2% | -414.00 billion | -34.66 trillion |
| 2005 | +1068.1% | 813.46 billion | 9.50 trillion |
| 2020 | -705.7% | 7.16 trillion | -43.34 trillion |
| 2010 | +637.5% | 3.00 trillion | 22.16 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | 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 South Korea
More external debt data for South Korea
- Net financial flows, IBRD 0 NFL, current US$ (2025)
- 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, 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)
- Other investment, Debt instruments (Assets, Positions, US dollar) 5,980 US dollar per person (2025)
Frequently asked questions
- What is net lending (+) / net borrowing (-), general government, domestic in South Korea?
- Net lending (+) / net borrowing (-), general government, domestic in South 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 South Korea?
- The highest recorded value was 48.65 trillion in 2018.
- What is the lowest net lending (+) / net borrowing (-), general government, domestic recorded in South Korea?
- The lowest recorded value was -43.34 trillion in 2020.
- How does South Korea rank for net lending (+) / net borrowing (-), general government, domestic?
- South Korea ranks 24th out of 26 countries with data for 2031.
- Is net lending (+) / net borrowing (-), general government, domestic rising or falling in South 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 South 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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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.