South Korea: Government debt
Millions of local currency · 1911–2024 · 101 observations · forecasts to 2031 · govdebt
- 2024
- 1,270 trillionlocal currency
- Change on 2023
- +4.9%year on year
- Average growth, 2014–2024
- +7.5%a year
Government debt
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Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2031 | 2,144,000,000 | Forecast |
| 2030 | 2,015,000,000 | Forecast |
| 2029 | 1,888,000,000 | Forecast |
| 2028 | 1,764,000,000 | Forecast |
| 2027 | 1,638,000,000 | Forecast |
| 2026 | 1,515,000,000 | Forecast |
| 2025 | 1,395,000,000 | Forecast |
| 2024 | 1,274,000,000 | |
| 2023 | 1,214,000,000 | |
| 2022 | 1,157,000,000 | |
| 2021 | 1,066,000,000 | |
| 2020 | 945,100,000 | |
| 2019 | 810,700,000 | |
| 2018 | 759,700,000 | |
| 2017 | 735,200,000 | |
| 2016 | 717,500,000 | |
| 2015 | 676,200,000 |
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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