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Government Debt / South Korea
Public Finance

South Korea Government Debt

Current and historical government debt data for South Korea, including latest value (48.55), trend, international ranking, comparison and source notes.
COUNTRY: South Korea
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: partial
UPDATED: 2026-06-05T18:54:54+02:00
Economy Data Rating
South Korea · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
AA
86 / 100
Very strong stability
Fiscal stability 21.9 / 25
Macroeconomic stability 18.7 / 20
External stability 12.1 / 15
Financial robustness 11.7 / 15
Structural stability 10 / 10
Future capacity 10 / 10
Demographic capacity 2.7 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 90% of weighted inputs available.
Time range: 1990–2023 1990– 2023
1990 2023
Selected year: 2023 · Value: n/a 2023

South Korea · central government debt as a percentage of gdp.

1990–2023
48.55 percent of GDP
47.61 percent of GDP
40.11 percent of GDP
28 selected year
max 8 6 4 2 0
1990 1994 2012 2016 2020 2023
government debt rate reference line

Countries by government debt

full ranking
Country Rate Class
Singapore 175.61 high
United Kingdom 131.07 high
United States 117.97 high
Bahrain 111.6 high
Spain 105.64 high
Jordan 102.85 medium
Israel 88.24 medium
Egypt 85.79 medium

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
India 46.52
Singapore 175.61
Indonesia 30
United States 117.97
Germany 20.85

Related indicators

internal links
GDP Growth NY.GDP.MKTP.KD.ZG
Government Revenue GC.REV.XGRT.GD.ZS
Government Expense GC.XPN.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
Interest Payments GC.XPN.INTP.RV.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: GC.DOD.TOTL.GD.ZS

Cache: partial · Updated: 2026-06-05T18:54:54+02:00

South Korea Snapshot

country profile
Population 51.75 m
GDP 1875.39 bn
Debt/GDP 48.55%
Inflation 2.32%
Unemployment 2.68%
Currency n/a
Region Asia
Income group High income

South Korea Government Debt: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Government Debt for South Korea. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: south korea government debt rate, government debt data south korea, south korea government debt statistics, south korea percent of gdp.