South Korea Government Debt
South Korea government debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 47.81%.
South Korea · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
South Korea · government debt data as percent of GDP.
Countries by government debt
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Countries, indicators and comparisons
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
South Korea recorded 47.81% for Government Debt in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 0.74 percentage points, from 48.55% to 47.81%.
The latest observation is above the average of the last 10 available observations (41.41%).
Across the five latest available observations (2020–2024), the pattern is predominantly upward.
Within the last 10 available observations, the low was 35.45% in 2017 and the high was 48.55% in 2023.