South Korea Debt to GDP Ratio 1990-2020

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • South Korea debt to gdp ratio for 2016 was 38.07%, a 0.57% increase from 2015.
  • South Korea debt to gdp ratio for 2015 was 37.49%, a 0.99% increase from 2014.
  • South Korea debt to gdp ratio for 2014 was 36.50%, a 1.57% increase from 2013.
  • South Korea debt to gdp ratio for 2013 was 34.93%, a 2.52% increase from 2012.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Japan 196.58%
United Kingdom 114.97%
Singapore 109.20%
Spain 104.57%
United States 99.02%
Hungary 96.19%
Ireland 84.83%
Iceland 73.53%
Palau 67.54%
San Marino 57.31%
Bahamas 51.42%
Uruguay 50.69%
New Zealand 42.34%
South Korea 38.07%
Switzerland 19.73%
Australia 0.05%
South Korea Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2016 38.07% 0.57%
2015 37.49% 0.99%
2014 36.50% 1.57%
2013 34.93% 2.52%
2012 32.41% 23.73%
1997 8.68% 1.82%
1996 6.86% -0.35%
1995 7.22% -0.96%
1994 8.18% -1.02%
1993 9.20% -0.79%
1992 9.99% -0.25%
1991 10.24% 2.80%
1990 7.44% 2.80%