Graph and download economic data for General government gross debt for Korea (GGGDTAKRA188N) from 1990 to 2023 about Korea, gross, debt, and government.

Key information about South Korea Government Debt: % of GDP

• South Korea Government debt accounted for 45.7 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 46.1 % in the previous quarter.
• South Korea government debt to GDP ratio data is updated quarterly, available from Sep 2002 to Sep 2024.
• The data reached an all-time high of 46.4 % in Sep 2023 and a record low of 15.3 % in Mar 2003.

• In the latest reports, South Korea National Government Debt reached 873.5 USD bn in Sep 2024.
• The country's Nominal GDP reached 429.2 USD bn in Mar 2023.

South Korea recorded a Government Debt to GDP of 46.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - South Korea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The national debt in South Korea was forecast to continuously increase between 2024 and 2030 by in total 373.35 billion U.S. dollars (+38.64 percent). After the tenth consecutive increasing year, the national debt is estimated to reach 1.34 trillion U.S. dollars and therefore a new peak in 2030. Notably, the national debt was continuously increasing over the past years.The indicator describes the general government gross debt which consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.Find more key insights for the national debt in countries like Japan, China, and Hong Kong SAR China.

Korea Gross Public Debt: % of GDP: General Government: Foreign Currency data was reported at 0.448 % in Dec 2016. This records a decrease from the previous number of 0.471 % for Dec 2015. Korea Gross Public Debt: % of GDP: General Government: Foreign Currency data is updated quarterly, averaging 0.548 % from Dec 2011 (Median) to Dec 2016, with 6 observations. The data reached an all-time high of 0.812 % in Dec 2011 and a record low of 0.448 % in Dec 2016. Korea Gross Public Debt: % of GDP: General Government: Foreign Currency data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

Graph and download economic data for Central government debt, total (% of GDP) for the Republic of Korea (DEBTTLKRA188A) from 1990 to 2023 about Korea, debt, government, and GDP.

KR: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data was reported at 0.000 % in Mar 2018. This stayed constant from the previous number of 0.000 % for Dec 2017. KR: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data is updated quarterly, averaging 0.000 % from Mar 1995 (Median) to Mar 2018, with 93 observations. The data reached an all-time high of 43.703 % in Dec 2016 and a record low of 0.000 % in Mar 2018. KR: Gross Public Debt: % of GDP: General Government: Debt Securities, Loans, SDRs, Currency and Deposits, Other Account Payable data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

Graph and download economic data for Projection of General government gross debt for Korea (GGGDTPKRA188N) from 2024 to 2030 about Korea, projection, gross, debt, and government.

Korea Gross Public Debt: General Government: Loans data was reported at 100,217,000.000 KRW mn in Dec 2016. This records an increase from the previous number of 93,464,000.000 KRW mn for Dec 2015. Korea Gross Public Debt: General Government: Loans data is updated quarterly, averaging 63,136,500.000 KRW mn from Dec 2011 (Median) to Dec 2016, with 6 observations. The data reached an all-time high of 100,217,000.000 KRW mn in Dec 2016 and a record low of 42,746,000.000 KRW mn in Dec 2012. Korea Gross Public Debt: General Government: Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: General Government.

Gross Ext. Debt Pos., General Government, Long-term, Debt securities, USD in South Korea was reported at 160620500000 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Gross Ext. Debt Pos., General Government, Long-term, Debt securities, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Gross Ext. Debt Pos., General Government, Short-term, All instruments, USD in South Korea was reported at 2454400000 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Gross Ext. Debt Pos., General Government, Short-term, All instruments, USD - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Graph and download economic data for Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Nationality of Issuer in Korea (DISCONTINUED) (IDSGGGAMNIAOKR) from Q3 1993 to Q2 2015 about Korea, sector, maturity, debt, securities, and government.

Korea Gross Public Debt: USD: General Government: Currency and Deposits data was reported at 0.000 USD mn in Dec 2016. This stayed constant from the previous number of 0.000 USD mn for Dec 2015. Korea Gross Public Debt: USD: General Government: Currency and Deposits data is updated quarterly, averaging 0.000 USD mn from Dec 2011 (Median) to Dec 2016, with 6 observations. Korea Gross Public Debt: USD: General Government: Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: General Government.

Graph and download economic data for Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Nationality of Issuer in Korea (DISCONTINUED) (IDSGGGAMNINIKR) from Q4 1993 to Q3 2014 about issues, Korea, sector, maturity, debt, securities, Net, and government.

Graph and download economic data for Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Nationality of Issuer in Korea (DISCONTINUED) (IDS1MNIAOGGKR) from Q4 1994 to Q2 2015 about 1-year, Korea, sector, debt, securities, and government.

korea - Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Korea was 292.00000 Mil. of US $ in October of 2024, according to the United States Federal Reserve. Historically, korea - Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Korea reached a record high of 4000.00000 in April of 1998 and a record low of -3000.00000 in April of 2008. Trading Economics provides the current actual value, an historical data chart and related indicators for korea - Net Issues of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Korea - last updated from the United States Federal Reserve on July of 2025.

Korea Gross Public Debt: % of GDP: General Government data was reported at 43.703 % in Dec 2016. This records an increase from the previous number of 43.230 % for Dec 2015. Korea Gross Public Debt: % of GDP: General Government data is updated quarterly, averaging 40.665 % from Dec 2011 (Median) to Dec 2016, with 6 observations. The data reached an all-time high of 43.703 % in Dec 2016 and a record low of 34.456 % in Dec 2011. Korea Gross Public Debt: % of GDP: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

Korea Gross Public Debt: % of GDP: General Government: Short Term: Debt Securities data was reported at 0.055 % in Dec 2016. This records an increase from the previous number of 0.049 % for Dec 2015. Korea Gross Public Debt: % of GDP: General Government: Short Term: Debt Securities data is updated quarterly, averaging 0.035 % from Dec 2011 (Median) to Dec 2016, with 6 observations. The data reached an all-time high of 0.300 % in Dec 2014 and a record low of 0.001 % in Dec 2011. Korea Gross Public Debt: % of GDP: General Government: Short Term: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

Korea Gross Public Debt: % of GDP: General Government: Long Term: Up to 1 Year: Debt Securities data was reported at 4.173 % in Dec 2016. This records an increase from the previous number of 3.713 % for Dec 2015. Korea Gross Public Debt: % of GDP: General Government: Long Term: Up to 1 Year: Debt Securities data is updated quarterly, averaging 3.943 % from Dec 2011 (Median) to Dec 2016, with 6 observations. The data reached an all-time high of 4.701 % in Dec 2014 and a record low of 3.432 % in Dec 2012. Korea Gross Public Debt: % of GDP: General Government: Long Term: Up to 1 Year: Debt Securities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: QPSD: Gross Public Debt: % of GDP: General Government.

Graph and download economic data for Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Korea (IDSGAMRIAOKR) from Q2 1983 to Q1 2025 about Korea, sector, maturity, debt, residents, securities, and government.