Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Korea, Rep.'s government debt stands at 47.81% as of 2024-12-31, down from 48.55% in 2023. Historical data runs from 1990 to 2024 (21 observations).
In 2024, Korea, Rep.'s government debt was 47.81%, down from 48.55% in 2023.
In 2023, Korea, Rep.'s government debt was 48.55%, up from 47.61% in 2022.
In 2022, Korea, Rep.'s government debt was 47.61%, up from 45.83% in 2021.
In 2021, Korea, Rep.'s government debt was 45.83%, up from 43.78% in 2020.
In 2020, Korea, Rep.'s government debt was 43.78%, up from 37.7% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 47.81% | -0.7402% |
| 2023 | 48.55% | +0.9433% |
| 2022 | 47.61% | +1.78% |
| 2021 | 45.83% | +2.06% |
| 2020 | 43.78% | +6.08% |
| 2019 | 37.7% | +2.18% |
| 2018 | 35.52% | +0.0741% |
| 2017 | 35.45% | -0.7039% |
| 2016 | 36.15% | +0.4393% |
| 2015 | 35.71% | +0.8934% |
| 2014 | 34.82% | +1.45% |
| 2013 | 33.37% | +2.35% |
| 2012 | 31.02% | +22.63% |
| 1997 | 8.39% | +1.76% |
| 1996 | 6.63% | -0.34% |
| 1995 | 6.97% | -0.939% |
| 1994 | 7.91% | -0.9914% |
| 1993 | 8.9% | -0.7787% |
| 1992 | 9.68% | -0.2528% |
| 1991 | 9.94% | +2.72% |
| 1990 | 7.22% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Korea, Rep.'s government debt is 47.81% as of 2024-12-31, compared with 48.55% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 48.55% (2023); the lowest is 6.63% (1996), across data from 1990 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.