In 2024 South Korea public debt was 863,380 million euros934,225 million dollars, has increased 1,3641,886 million since 2023.
This amount means that the debt in 2024 reached 49.82% of South Korea GDP, a 0.72 percentage point fall from 2023, when it was 50.54% of GDP.
If we check the tables we can see the evolution of South Korea debt. It has risen since 2014 in global debt terms, when it was 443,563 million euros 589,426 million dollars and also in terms of GDP percentage, when it amounted to 37.88%.
According to the last data point published, South Korea per capita debt in 2024 was 16,683 euros18,052 dollars per inhabitant. In 2023 it was 16,669 euros 18,029 dollars, afterwards rising by 14 euros23 dollars, and if we again check 2014 we can see that then the debt per person was 8,741 euros11,615 dollars .
The position of South Korea, as compared with the rest of the world, has improved in 2024 in terms of GDP percentage. Currently it is country number 84 in the list of debt to GDP and 159 in debt per capita, out of the 192 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.