The debt-to-GDP ratio is the ratio between a country's government debt and its gross domestic product (GDP).
World Economics has upgraded each country's GDP presenting it in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data. Using the World Economics GDP Database it is possible to see more realistic debt levels for each country.
Korea's is officially reported as having a debt-to-GDP ratio of 53% by the IMF.
Using the World Economics GDP database, Korea's GDP would be $3,306 billion - 23% larger than official estimates, Korea's debt ratio would be smaller at 42.9%
Korea's data is highlighted in the table below, use the filter and sort order options to allow easy comparison with other countries.
Data source: World Economics Research, London