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South Korea External and Government Debt

South Korea National Debt Data

Indicator Data Period
Government Debt to GDP 42.6 % 2020
External Debt 662038 USD Million | 662.038 B USD 2Q/22


Latest data on Government Debt to GDP (%)

Government Debt to GDP
                     South Korea - Historical Data (%)

What is South Korea Government Debt to GDP Ratio?

  • Government Debt to GDP in South Korea increased to 42.6 % in 2020. The maximum level was 42.6 % and minimum was 8.24 %
  • Data published Yearly by Ministry of Strategy and Finance.

Historical Data (%) by years

Data
Period
Date
42.6 2020 27.04.2021
37.7 2019 14.10.2020
36.6 2018 06.05.2019
38.6 2017 23.04.2019
38.6 2016 11.08.2017
37.8 2015 31.12.2015
35.9 2014 31.12.2014
33.76 2013 31.12.2013


Historical Chart by presidents (%)

Government Debt to GDP in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 38.6000 38.0000 38.6000 38.0000 -1.55%
Park Geun-hye 25.02.2013 - 10.05.2017 33.7600 38.6000 38.6000 33.7600 14.34%
Lee Myung-bak 25.02.2008 - 25.02.2013 28.1600 32.1300 32.1300 28.1600 14.10%
Roh Moo-hyun 25.02.2003 - 25.02.2008 20.4500 28.6500 29.2700 20.4500 40.10%
Kim Dae-jung 25.02.1998 - 25.02.2003 14.6700 17.5500 17.7000 14.6700 19.63%
Kim Youngs-am 25.02.1993 - 25.02.1998 11.4100 10.2400 11.4100 8.2400 -10.25%
Roh Tae-woo 25.02.1988 - 25.02.1993 13.3700 12.2100 13.3700 12.2100 -8.68%


Latest data on External Debt (USD Million)

External Debt
                     South Korea - Historical Data (USD Million)

What is external debt of South Korea?

  • External Debt in South Korea increased to 662038 USD Million (662.038 B USD) in the second quarter of 2022. The maximum debt was 565897 USD Million and minimum was 80766 USD Million
  • Data published Quarterly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
662038 2Q/22 25.08.2022
654098 1Q/22 28.05.2022
628468 4Q/21 26.02.2022
610753 3Q/21 18.01.2022
604167 2Q/21 21.08.2021
565897 1Q/21 22.05.2021
542448 4Q/20 20.02.2021
510961 3Q/20 21.11.2020


Historical Chart by presidents (USD Million)

External Debt in South Korea by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Mun Jaei-n 10.05.2017 - 407340.6900 433886.6900 433886.6900 405686.5000 6.52%
Park Geun-hye 25.02.2013 - 10.05.2017 409259.5000 405686.5000 452718.0000 380948.9100 -0.87%
Lee Myung-bak 25.02.2008 - 25.02.2013 361560.5900 408928.0000 416741.6900 305559.9100 13.10%
Roh Moo-hyun 25.02.2003 - 25.02.2008 135066.8000 338706.8100 338706.8100 135066.8000 150.77%
Kim Dae-jung 25.02.1998 - 25.02.2003 158401.7000 128670.0000 159940.7000 116037.8000 -18.77%
Kim Youngs-am 25.02.1993 - 25.02.1998 80766.4000 161619.8000 164209.9100 80766.4000 100.11%

Other budget indicators in South Korea

Index Updated Actual Previous
Fiscal Expenditure  Jul/22 306.39 B USD 278.823
Government Budget to GDP 2020 -6.1 % -2.6
Military Expenditure 2021 50.227 B USD 45.524

Government Debt to GDP in other countries

Country Updated Actual Previous
Bangladesh 2020 31.7 % 29.6
Jordan 2021 89.4 % 85.4
Kyrgyzstan 2021 60.3 % 68.1
Mongolia 2020 66 % 57
Nepal 2020 37.7 % 30.2
Palestine 2021 21.3 % 23.5
Tajikistan 2021 53.67 % 47.77
Cambodia 2021 38.7 % 34.3
China 2020 66.8 % 57.1
Georgia 2021 57.1 % 62.4
India 2020 73.95 % 73.72
Israel 2021 68.8 % 71.7
Pakistan 2021 84 % 88
South Korea 2020 42.6 % 36.4
Taiwan 2019 28.2 % 29.3
Vietnam 2020 46.7 % 43.5
Maldives 2021 66.6 % 86.2
Armenia 2020 62.79 % 49.91
Hong Kong 2016 38.4 % 37
Indonesia 2020 38.5 % 30.5
Japan 2020 266 % 238
Kazakhstan 2021 27.4 % 23.4
Lebanon 2020 172 % 174
Malaysia 2021 63.3 % 62.1
Philippines 2021 60.4 % 54.6
Qatar 2020 71.8 % 65.8
Singapore 2020 131 % 126
Sri Lanka 2020 101 % 86.8
Thailand 2021 59.61 % 50.5
Oman 2019 55.9 % 47.5
Iran 2021 41.5 % 45.4
Laos 2020 55.66 % 53.08
Azerbaijan 2021 18.2 % 20.1
Kuwait 2021 8.7 % 11.7
Saudi Arabia 2020 32.5 % 22.8
Bahrain 2020 128 % 103
United Arab Emirates 2021 38.3 % 36.9
Yemen 2021 63.1 % 84.2
Turkmenistan 2020 30.9 % 32.8
Uzbekistan 2021 38 % 40.4
Iraq 2021 59.3 % 84.2
Syria 2010 30.01 % 31.21
Afghanistan 2020 7.8 % 6.1
Bhutan 2021 135 % 131
Brunei 2021 1.8 % 2.9
Mauritius 2021 89 % 73.4