South Korea recorded a government debt equivalent to 36.60 percent of the country's Gross Domestic Product in 2018.
Government Debt to GDP in South Korea averaged 23.40 percent from 1990 until 2018, reaching an all time high of 39.90 percent in 2016 and a record low of 8.24 percent 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 October of 2020. source: Ministry of Strategy and Finance, South Korea
Government Debt to GDP in South Korea is expected to reach 44.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Government Debt to GDP is projected to trend around 48.00 percent in 2021 and 51.00 percent in 2022, according to our econometric models.