External Debt in South Korea increased to 565896.70 USD Million in the first quarter of 2021 from 542448.40 USD Million in the fourth quarter of 2020. source: The Bank of Korea

External Debt in South Korea averaged 282347.62 USD Million from 1994 until 2021, reaching an all time high of 565896.70 USD Million in the first quarter of 2021 and a record low of 80766.40 USD Million in the fourth quarter of 1994. This page provides - South Korea External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Total Gross External Debt - values, historical data and charts - was last updated on August of 2021.

External Debt in South Korea is expected to be 564837.00 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 612101.00 in 12 months time. In the long-term, the South Korea Total Gross External Debt is projected to trend around 660947.00 USD Million in 2022 and 725021.00 USD Million in 2023, according to our econometric models.

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South Korea Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
565896.70 542448.40 565896.70 80766.40 1994 - 2021 USD Million Quarterly
Current Prices, NSA


South Korea Total Gross External Debt
In South Korea, external debt is a part of the total debt that is owed to creditors outside the country.