External Debt in South Korea decreased to 440598.50 USD Million in the fourth quarter of 2018 from 449529.10 USD Million in the third quarter of 2018. External Debt in South Korea averaged 263210.34 USD Million from 1994 until 2018, reaching an all time high of 452718 USD Million in the second quarter of 2014 and a record low of 80766.40 USD Million in the fourth quarter of 1994.
External Debt in South Korea is expected to be 436500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in South Korea to stand at 429000.00 in 12 months time. In the long-term, the South Korea Total Gross External Debt is projected to trend around 431000.00 USD Million in 2020, according to our econometric models.