South Korea External and Government Debt
South Korea National Debt Data
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 49.6 % | 2022 |
| External Debt | 665050 USD Million | 665.05 B USD | 2Q/23 |
Latest data on Government Debt to GDP (%)
What is South Korea Government Debt to GDP Ratio?
- Government Debt to GDP in South Korea increased to 49.6 % in 2022. 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
| 49.6 | 2022 | 04.04.2023 |
| 46.9 | 2021 | 21.10.2022 |
| 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 |
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)
What is external debt of South Korea?
- External Debt in South Korea increased to 665050 USD Million (665.05 B USD) in the second quarter of 2023. 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
| 665050 | 2Q/23 | 25.08.2023 |
| 664986 | 1Q/23 | 27.05.2023 |
| 664503 | 4Q/22 | 25.02.2023 |
| 638981 | 3Q/22 | 26.11.2022 |
| 662038 | 2Q/22 | 25.08.2022 |
| 654098 | 1Q/22 | 28.05.2022 |
| 628468 | 4Q/21 | 26.02.2022 |
| 610753 | 3Q/21 | 18.01.2022 |
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/23 | 280.063 B USD | 252.386 |
| Government Budget to GDP | 2022 | -7 % | -5.2 |
| Military Expenditure | 2022 | 46.365 B USD | 50.874 |
Government Debt to GDP in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 28.2 % | 29.2 |
| Jordan | 2021 | 89.4 % | 85.4 |
| Kyrgyzstan | 2022 | 63.3 % | 60.3 |
| Mongolia | 2022 | 48 % | 55 |
| Nepal | 2022 | 41.4 % | 40.6 |
| Palestine | 2022 | 18.5 % | 21.3 |
| Tajikistan | 2022 | 34.6 % | 42.5 |
| Cambodia | 2022 | 36.8 % | 36.3 |
| China | 2022 | 77.1 % | 71.8 |
| Georgia | 2022 | 41.3 % | 57.1 |
| India | 2021 | 89.26 % | 89.41 |
| Israel | 2022 | 60.9 % | 68 |
| Pakistan | 2022 | 89 % | 86 |
| South Korea | 2022 | 49.6 % | 46.9 |
| Taiwan | 2019 | 28.2 % | 29.3 |
| Vietnam | 2022 | 37.1 % | 39.3 |
| Maldives | 2022 | 57.9 % | 57.5 |
| Armenia | 2022 | 49.27 % | 60.25 |
| Hong Kong | 2016 | 38.4 % | 37 |
| Indonesia | 2022 | 39.9 % | 41.1 |
| Japan | 2022 | 264 % | 262 |
| Kazakhstan | 2022 | 24.4 % | 27.4 |
| Lebanon | 2020 | 151 % | 172 |
| Malaysia | 2022 | 60.4 % | 63.4 |
| Philippines | 2022 | 60.9 % | 60.4 |
| Qatar | 2022 | 46.9 % | 58.4 |
| Singapore | 2022 | 168 % | 160 |
| Sri Lanka | 2022 | 114 % | 100 |
| Thailand | 2022 | 60.96 % | 59.61 |
| Oman | 2022 | 40.2 % | 61.7 |
| Iran | 2022 | 34 % | 42.4 |
| Laos | 2022 | 68.01 % | 53.81 |
| Azerbaijan | 2022 | 11.7 % | 18.2 |
| Kuwait | 2022 | 2.9 % | 8.7 |
| Saudi Arabia | 2021 | 30 % | 32.5 |
| Bahrain | 2022 | 120 % | 128 |
| United Arab Emirates | 2021 | 38.3 % | 36.9 |
| Yemen | 2022 | 68.66 % | 63.1 |
| Turkmenistan | 2022 | 8 % | 11 |
| Uzbekistan | 2022 | 36.4 % | 38 |
| Iraq | 2022 | 43.3 % | 59.2 |
| Syria | 2010 | 30.01 % | 31.21 |
| Afghanistan | 2020 | 7.4 % | 6.1 |
| Bhutan | 2022 | 125 % | 132 |
| Brunei | 2022 | 2.1 % | 2.5 |
| Mauritius | 2021 | 86 % | 91.9 |
