South Korea Total Debt: % of GDP
2008 - 2025 | Quarterly | % | CEIC Data
Key information about South Korea Total Debt: % of GDP
- South Korea Total Debt accounted for 716.6 % of the country's GDP in 2025, compared with the ratio of 712.3 % in the previous quarter.
- South Korea Total Debt: % of GDP data is updated quarterly, available from Dec 2008 to Jun 2025.
- The data reached an all-time high of 718.1 % in Sep 2022 and a record low of 532.4 % in Dec 2008.
CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. Liabilities of the Rest of the World are subtracted from Total Liabilities. The Bank of Korea provides Total Debt in local currency and Nominal GDP in local currency.
View South Korea's Total Debt: % of GDP from Dec 2008 to Jun 2025 in the chart:
What was South Korea's Total Debt: % of GDP in Jun 2025?
South Korea Total Debt accounted for 716.6 % of the country's GDP in 2025, compared with the ratio of 712.3 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 716.6 Jun 2025 | 712.3 Mar 2025 | 532.4 Dec 2008 | 718.1 Sep 2022 | % | quarterly | Dec 2008 - Jun 2025 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 269.4 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Austria (%) | 527.5 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Belgium (%) | 698.3 Jun 2025 | quarterly | Dec 1998 - Jun 2025 |
| Bulgaria (%) | 348.2 2024 | yearly | 1995 - 2024 |
| Canada (%) | 927.4 Jun 2025 | quarterly | Mar 1990 - Jun 2025 |
| Croatia (%) | 413.0 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Cyprus (%) | 1,145.5 2024 | yearly | 1995 - 2024 |
| Czech Republic (%) | 387.0 Mar 2025 | quarterly | Mar 2008 - Mar 2025 |
| Denmark (%) | 838.8 2023 | yearly | 1994 - 2023 |
| Estonia (%) | 379.9 Jun 2025 | quarterly | Dec 2003 - Jun 2025 |
| European Union (%) | 689.7 2024 | yearly | 2001 - 2024 |
| Finland (%) | 608.4 2024 | yearly | 1995 - 2024 |
| France (%) | 948.1 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Germany (%) | 595.9 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| Greece (%) | 524.2 Jun 2025 | quarterly | Dec 1997 - Jun 2025 |
| Hungary (%) | 395.4 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Iceland (%) | 678.3 2024 | yearly | 2003 - 2024 |
| Ireland (%) | 830.6 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Italy (%) | 555.5 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Japan (%) | 1,227.8 Jun 2025 | quarterly | Jun 1998 - Jun 2025 |
| South Korea (%) | 716.6 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Latvia (%) | 344.0 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Lithuania (%) | 319.8 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Luxembourg (%) | 6,979.5 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| North Macedonia (%) | 335.0 2023 | yearly | 2013 - 2023 |
| Malta (%) | 1,328.0 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Mexico (%) | 114.3 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Netherlands (%) | 949.7 Jun 2025 | quarterly | Mar 1999 - Jun 2025 |
| New Zealand (%) | 586.2 2023 | yearly | 2006 - 2023 |
| Norway (%) | 580.8 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Poland (%) | 299.3 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Portugal (%) | 458.9 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Romania (%) | 243.3 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Slovakia (%) | 377.8 Jun 2025 | quarterly | Dec 2012 - Jun 2025 |
| Slovenia (%) | 329.2 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Spain (%) | 561.2 Jun 2025 | quarterly | Dec 1995 - Jun 2025 |
| Sweden (%) | 750.5 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Switzerland (%) | 897.5 2024 | yearly | 1999 - 2024 |
| Taiwan (%) | 889.0 2023 | yearly | 2000 - 2023 |
| Turkey (%) | 243.6 Jun 2025 | quarterly | Dec 2014 - Jun 2025 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 827.7 Jun 2025 | quarterly | Mar 1987 - Jun 2025 |
| United States (%) | 718.9 Jun 2025 | quarterly | Dec 1951 - Jun 2025 |
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Learn more about what we doSouth Korea Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.4 Jun 2025 | quarterly | Jun 2000 - Jun 2025 |
| Consolidated Fiscal Balance (USD mn) | -7,001.194 Sep 2025 | monthly | Jul 1999 - Sep 2025 |
| Tax Revenue (USD mn) | 28,881.029 Oct 2025 | monthly | Jan 2000 - Oct 2025 |
| Tax Revenue: % of GDP (%) | 14.7 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| National Government Debt (USD mn) | 896,321.5 Sep 2025 | quarterly | Sep 2002 - Sep 2025 |
| Government Debt: % of GDP (%) | 47.0 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Forecast: Government Expenditure (KRW bn) | 768,475.754 2030 | yearly | 1995 - 2030 |
| Forecast: Government Net Debt (KRW bn) | 2,010,487.869 2030 | yearly | 1990 - 2030 |
| Forecast: Government Revenue (KRW bn) | 736,053.817 2030 | yearly | 1995 - 2030 |
| National Debt (ND) (KRW bn) | 1,126,800.000 2023 | yearly | 1997 - 2023 |
| Central Govt Debt: Short-Term (KRW bn) | 0.000 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Central Govt Debt (KRW bn) | 1,148,640.000 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Central Govt Debt: Domestic (KRW bn) | 1,137,319.000 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Central Govt Debt: Foreign (KRW bn) | 11,321.000 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Central Govt Debt: Medium & Long Term (KRW bn) | 1,148,445.000 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Central Govt Debt (KRW bn) | 1,160,300.000 Nov 2024 | monthly | Jan 2014 - Nov 2024 |
| Public Sector Debt (KRW bn) | 1,673,300.000 2023 | yearly | 2011 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.100 2030 | yearly | 1980 - 2030 |
| Trade Balance (USD mn) | 9,735.0 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Total Exports (USD mn) | 61,038.0 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Total Exports Growth (%) | 8.4 Nov 2025 | monthly | Jan 1967 - Nov 2025 |
| Aluminum: Exports (USD th) | 4,077,735.241 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 1,147,102.059 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 7,110,069.105 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 51,303.0 Nov 2025 | monthly | Jan 1966 - Nov 2025 |
| Total Imports Growth (%) | 1.2 Nov 2025 | monthly | Jan 1967 - Nov 2025 |
| Imports: Medicament (USD th) | 5,217,206.379 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 4,873,321.475 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 10,349.000 Nov 2025 | monthly | Apr 1964 - Nov 2025 |
| Total Imports from USA (USD mn) | 6,103.000 Nov 2025 | monthly | Apr 1964 - Nov 2025 |
| Total Exports to China (USD mn) | 12,072.000 Nov 2025 | monthly | Jan 1988 - Nov 2025 |
| Total Imports from China (USD mn) | 11,960.000 Nov 2025 | monthly | Jan 1988 - Nov 2025 |
| Motor Vehicle: Exports (Unit) | 202,928.000 Oct 2025 | monthly | Jan 1981 - Oct 2025 |
| Trade Balance: First 10 days (USD mn) | -2,045.583 Mar 2025 | monthly | Jan 2016 - Mar 2025 |
| Imports: First 10 days (USD mn) | 15,917.919 Mar 2025 | monthly | Jan 2016 - Mar 2025 |
| Exports: First 10 days (USD mn) | 13,872.336 Mar 2025 | monthly | Jan 2016 - Mar 2025 |
| Imports: Middle East: Qatar (USD th) | 830,001.000 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Imports: Natural Gas: Quantity (Ton th) | 4,552.00 Feb 2018 | monthly | Nov 1990 - Feb 2018 |
| Crude Oil: Inventory (Barrel th) | 41,044.000 Jan 2025 | monthly | Jan 2021 - Jan 2025 |
| Import Value Index (2015=100) | 140.915 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 122.334 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 5,656.4 Sep 2025 | monthly | Jan 1980 - Sep 2025 |
| Current Account Balance (USD mn) | 7,647.0 Sep 2025 | monthly | Jan 1980 - Sep 2025 |
| Current Account Balance: % of GDP (USD mn) | 7,647.0 Sep 2025 | monthly | Jan 1980 - Sep 2025 |
| Foreign Direct Investment (USD mn) | 1,801.0 Sep 2025 | monthly | Jan 1980 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 0.2 Jun 2025 | quarterly | Mar 1980 - Jun 2025 |
| Foreign Portfolio Investment (USD mn) | 17,012.200 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | 3.4 Jun 2025 | quarterly | Mar 1980 - Jun 2025 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 7,864.0 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 9,148.200 Sep 2025 | quarterly | Mar 1980 - Sep 2025 |
| External Debt (USD mn) | 738,080.9 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| External Debt: % of GDP (%) | 35.9 2024 | yearly | 1994 - 2024 |
| External Debt: Short Term (USD mn) | 161,619.0 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| External Debt: Short Term: % of GDP (%) | 7.8 2024 | yearly | 1994 - 2024 |
| Total Debt: % of GDP (%) | 716.6 Jun 2025 | quarterly | Dec 2008 - Jun 2025 |
| Forecast: Current Account Balance (USD bn) | 85.139 2030 | yearly | 1980 - 2030 |
| Net International Investment Position (USD mn) | 1,056,215.500 Sep 2025 | quarterly | Dec 1994 - Sep 2025 |
| BoP: CA: G&S: Goods: Exports fob (USD mn) | 53,778.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Goods: Imports fob (USD mn) | 42,392.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Services (SV) (USD mn) | -2,093.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: SV: Credit (USD mn) | 8,183.800 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: SV: Debit (USD mn) | 10,277.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: Secondary Incomes: Credit (USD mn) | 873.600 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: Secondary Incomes: Debit (USD mn) | 1,713.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Direct Investment (DI) (USD mn) | 6,056.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: DI: Direct Investment Assets (USD mn) | 6,294.200 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Portfolio Investment (PI) (USD mn) | 407.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) | 3,416.100 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Financial Derivatives (FD) (USD mn) | -484.100 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: FD: Assets (USD mn) | -4,690.900 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: FD: Liabilities (USD mn) | -4,206.800 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: Other Investment (OI) (USD mn) | -2,828.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) | 4,833.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) | 7,661.800 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) | 3,008.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: sa: CA: Primary Income: Credit (USD mn) | 6,649.200 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: G&S: Services: Debit (USD mn) | 13,128.500 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: G&S: Goods: Imports fob (USD mn) | 47,700.400 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: Secondary Income: Credit (USD mn) | 800.400 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: G&S: Goods: Exports fob (USD mn) | 55,780.000 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: G&S: Services (USD mn) | -840.600 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: Primary Income: Debit (USD mn) | 3,674.500 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: Primary Income (USD mn) | 2,974.700 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: Secondary Income (USD mn) | -134.000 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: G&S: Goods (USD mn) | 8,079.600 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: G&S: Services: Credit (USD mn) | 12,287.900 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| BoP: sa: CA: Secondary Income: Debit (USD mn) | 934.400 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| External Debt: Gross: Long Term (LT) (USD mn) | 523,172.600 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Outward Direct Investment: Total Invested (USD mn) | 4,330.272 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Wholesale and Retail sales (USD mn) | 134.114 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Mining (USD mn) | 326.252 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Financing and Insurance (USD mn) | 0.743 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Manufacturing (USD mn) | 1,117.959 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| ODI: Total Invested: Real Estate (USD mn) | 725,563.42 Jun 2018 | monthly | Dec 1980 - Jun 2018 |
| Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) | 64.400 Jan 2025 | monthly | Jan 2015 - Jan 2025 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.5 Sep 2025 | quarterly | Jun 2001 - Sep 2025 |
| Household Debt: % of GDP (%) | 92.7 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Non-Performing Loans (USD mn) | 9,283.726 Sep 2025 | quarterly | Jun 2001 - Sep 2025 |
| Money Supply M1 (USD mn) | 964,056.442 Sep 2025 | monthly | Jan 1970 - Sep 2025 |
| Money Supply M2 (USD mn) | 3,166,642.034 Sep 2025 | monthly | Jan 1970 - Sep 2025 |
| M2 Growth (%) | 8.9 Sep 2025 | monthly | Jan 1971 - Sep 2025 |
| Reserve Requirement Ratio (%) | 7.0 Nov 2025 | monthly | Nov 1979 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 403,899.5 Oct 2025 | monthly | Dec 1956 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 7.000 Nov 2025 | monthly | Nov 1979 - Nov 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.5 Oct 2025 | monthly | Jan 1971 - Oct 2025 |
| Gold Reserves (USD mn) | 4,794.932 Oct 2025 | monthly | Dec 1956 - Oct 2025 |
| Total Deposits (USD mn) | 1,963,605.291 Sep 2025 | monthly | Sep 1992 - Sep 2025 |
| Total Deposits Growth (%) | 5.4 Sep 2025 | monthly | Sep 1993 - Sep 2025 |
| Domestic Credit (USD mn) | 3,612,892.1 Sep 2025 | monthly | Dec 2001 - Sep 2025 |
| Domestic Credit Growth (%) | 6.5 Sep 2025 | monthly | Dec 2002 - Sep 2025 |
| Debt Service Ratio: Households (%) | 11.500 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 20.200 Mar 2025 | quarterly | Mar 1999 - Mar 2025 |
| Credit to Households (USD bn) | 1,559.698 Mar 2025 | quarterly | Dec 1962 - Mar 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 3,500.054 Mar 2025 | quarterly | Dec 1962 - Mar 2025 |
| Household Debt (USD mn) | 1,776,837.2 Jun 2025 | quarterly | Dec 2002 - Jun 2025 |
| Total Loans (USD mn) | 1,762,220.015 Sep 2025 | monthly | Jan 1965 - Sep 2025 |
| Total Loans Growth (%) | 3.98 Sep 2025 | monthly | Jan 1966 - Sep 2025 |
| Private Debt: % of Nominal GDP (%) | 162.22 Jun 2025 | quarterly | Mar 1991 - Jun 2025 |
| Money Supply: New M2: Certificate of Deposit (KRW bn) | 24,533.00 Mar 2018 | monthly | Jun 1984 - Mar 2018 |
| Money Supply: New M1: sa (KRW bn) | 1,288,442.900 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Money Supply: New M2: sa (KRW bn) | 4,157,036.900 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Deposits: CSB: Corporations (KRW bn) | 396,621.30 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
| Deposits: CSB: Households (KRW bn) | 614,344.50 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
| Loans of CSBs: CH: Corporate (KRW bn) | 796,021.70 Mar 2018 | monthly | Dec 2006 - Mar 2018 |
| Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) | 1,525,815.40 Mar 2018 | monthly | Jan 1965 - Mar 2018 |
| Deposits: Total: YoY (% bn) | 5.300 Dec 2024 | monthly | Sep 1993 - Dec 2024 |
| Deposits: Total: MoM (% bn) | 0.800 Dec 2024 | monthly | Oct 1992 - Dec 2024 |
| Loans of CSBs: Corporate and Household (CH) (KRW tn) | 2,470.100 Feb 2025 | monthly | Dec 2013 - Feb 2025 |
| Loans of CSBs: CH: Household (KRW tn) | 1,143.700 Feb 2025 | monthly | Dec 2013 - Feb 2025 |
| Loans of CSBs: CH: Household: Mortgage (KRW tn) | 907.700 Feb 2025 | monthly | Dec 2013 - Feb 2025 |
| Loans of Commercial & Specialized Banks (CSB): YoY (% bn) | 5.400 Dec 2024 | monthly | Jan 1965 - Dec 2024 |
| Loans of Commercial & Specialized Banks (CSB): MoM (% bn) | -0.400 Dec 2024 | monthly | Jan 1965 - Dec 2024 |
| KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) | 12,186.500 Dec 2018 | quarterly | Jun 2001 - Dec 2018 |
More Indicators for South Korea
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