South Korea South Korea National Debt

Subscribe to our free email alert service

NATIONAL PUBLIC DEBT South Korea 2019

The national debt increased in South Korea

In 2019 South Korea public debt was 621,431 million euros695,692 million dollars, has increased 36,4384,816 million since 2018.

This amount means that the debt in 2019 reached 42.13% of South Korea GDP, a 2.11 percentage point rise from 2018, when it was 40.02% of GDP.

If we check the tables we can see the evolution of South Korea debt. It has risen since 2009 in global debt terms, when it was 203,623 million euros 284,014 million dollars and also in terms of GDP percentage, when it amounted to 29.98%.

According to the last data point published, South Korea per capita debt in 2019 was 12,018 euros13,454 dollars per inhabitant. In 2018 it was 11,336 euros 13,387 dollars, afterwards rising by 682 euros67 dollars, and if we again check 2009 we can see that then the debt per person was 4,130 euros5,760 dollars .

The position of South Korea, as compared with the rest of the world, has improved in 2019 in terms of GDP percentage. Currently it is country number 55 in the list of debt to GDP and 155 in debt per capita, out of the 190 we publish.

In this page we show you the progression of the public debt in South Korea. You can see debt in other countries in Public debt and see all the information about South Korea in economy of South Korea.

South Korea: Evolution of debt
DateDebt (M.€.)Debt (M.$.)Debt (%GDP)Debt Per CapitaDebt Per Capita
2019621,431695,69242.13%12,018€13,454$
2018584,993690,87640.02%11,336€13,387$
2017576,781651,58940.05%11,230€12,686$
2016558,694618,41841.22%10,908€12,074$
2015539,104598,13640.78%10,568€11,725$
2014444,290590,23939.71%8,755€11,631$
2013389,040516,68437.69%7,715€10,246$
2012348,523447,78235.04%6,943€8,920$
2011298,034414,86333.06%5,968€8,308$
2010254,647337,58529.49%5,139€6,812$
2009203,623284,01429.98%4,130€5,760$
2008193,194284,15026.95%3,938€5,792$
2007234,984322,04527.43%4,827€6,615$
2006235,942296,24828.12%4,871€6,116$
2005194,783242,33025.90%4,042€5,029$
2004143,069177,96322.42%2,975€3,701$
2003123,268139,44119.80%2,574€2,912$
2002113,431107,26117.04%2,381€2,251$
2001105,44394,43517.23%2,226€1,994$
2000104,36196,38716.68%2,220€2,050$
199976,23981,25516.34%1,635€1,743$
199854,82714.32%1,185$
199757,20110.03%1,245$
199649,3008.08%1,083$
199549,7458.78%1,103$
199446,1319.95%1,033$
199344,07611.22%997$
199242,72812.02%977$
199140,65012.29%939$
199037,34713.18%871$
South Korea: Evolution of debt as a percentage of GDP

South Korea: Evolution of debt in millions