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South Korea: General government debt (% of GDP)

Percent of GDP · 1958–2024 · 67 observations · forecasts to 2031 · gen_govdebt_GDP

2024
49.7%percent of GDP
Change on 2023
−0.8 pointsfrom 50.5%
Average, 2015–2024
43.8%10 years
Record high and low
50.5% (2023)low 2.85% (1969)

General government debt (% of GDP)

Report error
0%10%20%30%40%50%60%70%19601970198019902000201020202030South KoreaSouth Korea
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
203163.1Forecast
203061.7Forecast
202960.1Forecast
202858.5Forecast
202756.6Forecast
202654.4Forecast
202552.3Forecast
202449.7
202350.5
202249.8
202148.0
202045.9
201939.7
201837.9
201738.0
201639.1
201538.8

Sources

  • IMF Historical Public Debt Database1958–2015
  • IMF Fiscal Policy Panel1958–2023
  • Bordo1971–1997
  • IMF Global Debt Database1990–2024
  • IMF World Economic Outlook1990–2024
  • Min. of Economy and Finance, Korea2017–2024
  • IMF WEO (forecast)2024–2031

Compare these sources →

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

General government debt (% of GDP) elsewhere

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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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