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South Korea Debt to GDP Ratio 1960-2024

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 2022 was 0.00%, a 48.96% decline from 2021.
  • South Korea debt to gdp ratio for 2021 was 48.96%, a 2.52% increase from 2020.
  • South Korea debt to gdp ratio for 2020 was 46.43%, a 6.46% increase from 2019.
  • South Korea debt to gdp ratio for 2019 was 39.97%, a 2.41% increase from 2018.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
United States 115.70%
Iceland 88.46%
Bahamas 83.68%
Canada 61.42%
Australia 57.97%
New Zealand 54.27%
St. Kitts and Nevis 0.00%
St. Martin (French part) 0.00%
Oman 0.00%
Saudi Arabia 0.00%
Turks and Caicos Islands 0.00%
UAE 0.00%
Bermuda 0.00%
Cayman Islands 0.00%
France 0.00%
Croatia 0.00%
Japan 0.00%
Macao 0.00%
Qatar 0.00%
Seychelles 0.00%
Andorra 0.00%
Curacao 0.00%
Finland 0.00%
Hong Kong 0.00%
Italy 0.00%
Latvia 0.00%
Norway 0.00%
French Polynesia 0.00%
Sint Maarten (Dutch part) 0.00%
Aruba 0.00%
Bahrain 0.00%
Chile 0.00%
Estonia 0.00%
Guam 0.00%
Luxembourg 0.00%
Netherlands 0.00%
Portugal 0.00%
Sweden 0.00%
Virgin Islands (U.S.) 0.00%
Belgium 0.00%
Channel Islands 0.00%
Spain 0.00%
Greenland 0.00%
Israel 0.00%
Lithuania 0.00%
New Caledonia 0.00%
Puerto Rico 0.00%
Slovenia 0.00%
British Virgin Islands 0.00%
Austria 0.00%
Switzerland 0.00%
Denmark 0.00%
Greece 0.00%
Liechtenstein 0.00%
Northern Mariana Islands 0.00%
Poland 0.00%
Slovak Republic 0.00%
Germany 0.00%
Gibraltar 0.00%
Ireland 0.00%
Kuwait 0.00%
Malta 0.00%
Palau 0.00%
San Marino 0.00%
Uruguay 0.00%
Antigua and Barbuda 0.00%
Brunei 0.00%
Czech Republic 0.00%
United Kingdom 0.00%
Isle of Man 0.00%
South Korea 0.00%
Monaco 0.00%
Panama 0.00%
Singapore 0.00%
Trinidad and Tobago 0.00%
Argentina 0.00%
Barbados 0.00%
Cyprus 0.00%
Faroe Islands 0.00%
Hungary 0.00%
South Korea Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 0.00% -48.96%
2021 48.96% 2.52%
2020 46.43% 6.46%
2019 39.97% 2.41%
2018 37.56% 0.21%
2017 37.35% -0.72%
2016 38.07% 0.57%
2015 37.49% 0.99%
2014 36.50% 1.57%
2013 34.93% 2.52%
2012 32.41% 32.41%
2011 0.00% 0.00%
2010 0.00% 0.00%
2009 0.00% 0.00%
2008 0.00% 0.00%
2007 0.00% 0.00%
2006 0.00% 0.00%
2005 0.00% 0.00%
2004 0.00% 0.00%
2003 0.00% 0.00%
2002 0.00% 0.00%
2001 0.00% 0.00%
2000 0.00% 0.00%
1999 0.00% 0.00%
1998 0.00% -8.68%
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% 7.44%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%