External Debt in South Korea decreased to 458199.90 USD Million in the third quarter of 2019 from 462061.90 USD Million in the second quarter of 2019. South Korea Total Gross External Debt - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

External Debt in South Korea averaged 268536.93 USD Million from 1994 until 2019, reaching an all time high of 462061.90 USD Million in the second quarter of 2019 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. source: The Bank of Korea

External Debt in South Korea is expected to be 461599.00 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 480648.00 in 12 months time. In the long-term, the South Korea Total Gross External Debt is projected to trend around 499401.00 USD Million in 2021, according to our econometric models.


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South Korea Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
458199.90 462061.90 462061.90 80766.40 1994 - 2019 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.