External Debt in South Korea decreased to 638980.80 USD Million in the third quarter of 2022 from 662038.10 USD Million in the second quarter of 2022. source: The Bank of Korea

External Debt in South Korea averaged 301137.07 USD Million from 1994 until 2022, reaching an all time high of 662038.10 USD Million in the second quarter of 2022 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

External Debt in South Korea is expected to be 650000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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South Korea Total Gross External Debt



Calendar GMT Actual Previous Consensus TEForecast
2017-02-22 04:00 AM Q4 $380.9B $400.1B $ 390B
2017-05-24 04:00 AM Q1 $405.7B $380.9B $ 375.1B


Related Last Previous Unit Reference
Current Account -620.00 880.00 USD Million Nov 2022
Current Account to GDP 4.90 4.60 percent of GDP Dec 2021
External Debt 638980.80 662038.10 USD Million Sep 2022
Terms of Trade 85.10 84.80 points Nov 2022
Capital Flows 1719.00 2547.50 USD Million Nov 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
638980.80 662038.10 662038.10 80766.40 1994 - 2022 USD Million Quarterly
Current Prices, NSA