South Korea Debt to GDP Ratio 1990-2023
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
- South Korea debt to gdp ratio for 2016 was 38.07%, a 0.57% increase from 2015.
- South Korea debt to gdp ratio for 2015 was 37.49%, a 0.99% increase from 2014.
- South Korea debt to gdp ratio for 2014 was 36.50%, a 1.57% increase from 2013.
- South Korea debt to gdp ratio for 2013 was 34.93%, a 2.52% increase from 2012.
| South Korea Debt to GDP Ratio - Historical Data |
| Year |
Government Debt as % of GDP |
Annual Change |
| 2016 |
38.07% |
0.57% |
| 2015 |
37.49% |
0.99% |
| 2014 |
36.50% |
1.57% |
| 2013 |
34.93% |
2.52% |
| 2012 |
32.41% |
23.73% |
| 1997 |
8.68% |
1.82% |
| 1996 |
6.86% |
-0.35% |
| 1995 |
7.22% |
-0.96% |
| 1994 |
8.18% |
-1.02% |
| 1993 |
9.20% |
-0.79% |
| 1992 |
9.99% |
-0.25% |
| 1991 |
10.24% |
2.80% |
| 1990 |
7.44% |
2.80% |
