South Korea Government Debt to GDP

52.3% +2.55 pt

Dec 2025 · Annual

Government debt in Korea stood at 52.25% of GDP in 2025, up from 49.70% in 2024. The reading is the all-time high in the annual series, which runs from 1990 through 2025; the all-time low of 7.81% was recorded in 1996.

South Korea Government Debt to GDP, 1990–2025
ActualPreviousHighestLowestDatesFrequency
52.3%49.7%52.3%Dec 20257.8%Dec 19961990 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-1.4%-0.8%3.9%-2.1%Dec 2025Annual
Interest Rate2.8%2.5%5.3%0.5%Jul 2026Monthly

About this series

Government Debt to GDP in South Korea averaged 27.6% from 1990 until 2025, reaching an all-time high of 52.3% in Dec 2025 and a record low of 7.8% in Dec 1996. The series is reported yearly with history from 1990.

Government debt as a percentage of GDP expresses the country's government debt relative to the size of its economy. The unit is percent of GDP and the indicator is reported annually. The series for Korea spans from 1990 to 2025.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

South Korea Government Debt to GDP FAQ