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South Korea: General government debt

Millions of local currency · 1958–2024 · 67 observations · forecasts to 2031 · gen_govdebt

2024
1,270 trillionlocal currency
Change on 2023
+4.9%year on year
Average growth, 2014–2024
+7.5%a year

General government debt

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10B100B1T10T100T1,000T10,000T19601970198019902000201020202030South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of General government debt

Recent values

Millions of local currency

YearValue
20312,144,000,000Forecast
20302,015,000,000Forecast
20291,888,000,000Forecast
20281,764,000,000Forecast
20271,638,000,000Forecast
20261,515,000,000Forecast
20251,395,000,000Forecast
20241,274,000,000
20231,214,000,000
20221,157,000,000
20211,066,000,000
2020945,100,000
2019810,700,000
2018759,700,000
2017735,200,000
2016717,500,000
2015676,200,000

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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