South Korea recorded a Government Debt to GDP of 49.60 percent of the country's Gross Domestic Product in 2022. source: Ministry of Strategy and Finance, South Korea

Government Debt to GDP in South Korea averaged 25.88 percent of GDP from 1990 until 2022, reaching an all time high of 49.60 percent of GDP in 2022 and a record low of 8.24 percent of GDP in 1996. This page provides - South Korea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Government Debt to GDP - values, historical data and charts - was last updated on June of 2023.

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South Korea Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 49.60 46.90 percent of GDP Dec 2022

South Korea Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
49.60 46.90 49.60 8.24 1990 - 2022 percent of GDP Yearly