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

Republic of Korea: Primary net lending (+) / net borrowing (-), General government was -0.8551 in 2031. ◆ Volatile

Latest (2031)
-0.8551
Change on year
up 4.5%
World rank
12th
of 24 countries
All-time high
2.72
in 1997
All-time low
-2.56
in 2020
Years of data
37
1995–2031

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

-2021995201320311995: 2.61996: 2.71997: 2.71998: 1.71999: 2.12000: 2.52001: 1.42002: 22003: 0.4892004: -0.6562005: 0.452006: 0.5692007: 1.82008: 1.12009: -0.4272010: 0.8972011: 12012: 1.22013: 0.3662014: 0.1632015: 0.1812016: 1.32017: 1.72018: 22019: -0.1362020: -2.62021: -0.3992022: -1.72023: -0.7422024: -0.7022025: -1.52026: -1.42027: -1.32028: -1.12029: -0.9232030: -0.8952031: -0.855

Source: International Monetary Fund.

Analysis

In 2031, primary net lending (+) / net borrowing (-), general government in Republic of Korea stood at -0.8551.

Compared with earlier readings it is up 4.5% on the previous year and down 114.4% over ten years.

Over the whole period, primary net lending (+) / net borrowing (-), general government in Republic of Korea peaked at 2.72 in 1997 and was at its lowest, -2.56, in 2020.

That places Republic of Korea 12th out of 24 countries with data for 2031, putting it in the middle of the range.

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

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

Annual values for Primary net lending (+) / net borrowing (-), General government, Percent of GDP (9/26/2025) in Republic of Korea, 1995 to 2031.
Year Value Change
1995 2.59
1996 2.69 +3.7%
1997 2.72 +1.2%
1998 1.7 -37.4%
1999 2.11 +23.7%
2000 2.53 +20.2%
2001 1.43 -43.4%
2002 2.04 +42.2%
2003 0.4886 -76.0%
2004 -0.6563 -234.3%
2005 0.4499 -168.6%
2006 0.5689 +26.5%
2007 1.76 +209.0%
2008 1.14 -35.4%
2009 -0.4274 -137.7%
2010 0.897 -309.9%
2011 1.02 +14.0%
2012 1.2 +17.0%
2013 0.3662 -69.4%
2014 0.1635 -55.4%
2015 0.1813 +10.9%
2016 1.29 +611.7%
2017 1.75 +35.6%
2018 2.03 +16.1%
2019 -0.1357 -106.7%
2020 -2.56 +1784.3%
2021 -0.3989 -84.4%
2022 -1.73 +333.5%
2023 -0.7422 -57.1%
2024 -0.7023 -5.4%
2025 -1.49 +111.8%
2026 -1.43 -3.5%
2027 -1.26 -12.3%
2028 -1.15 -8.8%
2029 -0.9232 -19.5%
2030 -0.895 -3.0%
2031 -0.8551 -4.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.36 1.7 2.72 5
2000s 0.9316 -0.6563 2.53 10
2010s 0.8764 -0.1357 2.03 10
2020s -1.24 -2.56 -0.3989 10
2030s -0.8751 -0.895 -0.8551 2

Countries ranked near Republic of Korea

  1. 9 Australia -0.5296 compare
  2. 10 Hong Kong, China -0.7752 compare
  3. 11 Thailand -0.7809 compare
  4. 13 Montenegro -1.43 compare
  5. 14 India -1.51 compare
  6. 15 Iran, Islamic Republic of -1.69 compare

See the full ranking of 24 places →

More external debt data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is primary net lending (+) / net borrowing (-), general government in Republic of Korea?
Primary net lending (+) / net borrowing (-), general government in Republic of Korea was -0.8551 in 2031, according to International Monetary Fund.
What is the highest primary net lending (+) / net borrowing (-), general government recorded in Republic of Korea?
The highest recorded value was 2.72 in 1997.
What is the lowest primary net lending (+) / net borrowing (-), general government recorded in Republic of Korea?
The lowest recorded value was -2.56 in 2020.
How does Republic of Korea rank for primary net lending (+) / net borrowing (-), general government?
Republic of Korea ranks 12th out of 24 countries with data for 2031.
Is primary net lending (+) / net borrowing (-), general government rising or falling in Republic of Korea?
Over the last ten years it is down 114.4%. 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 Primary net lending (+) / net borrowing (-), General government, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 37 observations, free to reuse under IMF Terms and Conditions (attribution required).

Share, cite or embed this page

Cite this page

Primary net lending (+) / net borrowing (-), General government in Republic of Korea. Statizoid, drawing on International Monetary Fund. Retrieved 09 September 2026, from https://debt.statizoid.com/stat/primary-net-lending-net-borrowing-general-government-percent-of-gdp-9-26-2025/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under IMF Terms and Conditions (attribution required); please keep the attribution.

<a href="https://debt.statizoid.com/stat/primary-net-lending-net-borrowing-general-government-percent-of-gdp-9-26-2025/korea-rep/">Primary net lending (+) / net borrowing (-), General government in Republic of Korea</a> — Statizoid

About this data

Indicator
Primary net lending (+) / net borrowing (-), General government, Percent of GDP (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
24 places, 924 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.