Korea, Rep. Debt to GDP Ratio: 52.9%

DEBT TO GDP RATIO (PERCENTAGE)

GDP in Korea, Rep. is offically estimated to be $1.755 Trillion US dollars at the end of 2024.

The economy of Korea, Rep. is offically reported as having a debt-to-GDP ratio of 52.9%, indicating Korea, Rep.'s debt level is $906 Billion.

World Economics has reassessed Korea's debt levels and estimates them to be lower than official figures suggest.

Gross Debt-to-GDP Ratio: Korea


Source: IMF, World Economics
Notes: Current Market Prices
0 0 0 Korea, Rep.|#FE1800|12.72, 11.865, 11.6, 10.832, 9.607, 8.474, 7.798, 9.675, 13.821, 15.766, 16.087, 16.625, 16.444, 19.102, 21.603, 24.917, 27.043, 26.346, 25.856, 28.791, 28.275, 31.7, 33.536, 36.004, 37.876, 38.845, 39.143, 38.01, 37.853, 39.729, 45.913, 47.986, 49.798, 51.498 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023,








 





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Economic Indicators: Korea, Rep. 2021 2022 2023 2024
Debt to GDP Ratio (%) 48.0 49.8 51.5 52.9
Current GDP (Billions, US$) 1,818 1,674 1,713 1,755
Current GDP per Capita (US$)
Real GDP (US$ Billions, 2010) 1,627 1,697 1,764 1,808
Real GDP per Capita (US$, 2010)
Real GDP PPP (Billions, 2017) 2,515 2,582 2,617 2,682
Real GDP per Capita PPP (int$ 2017) 44,611 45,743 46,666 47,509
Data Quality Rating for Korea See how much you can trust Korea's GDP Data




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KOREA'S ECONOMICS
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