South Korea
Gross government debt
Gross government debt measures public liabilities relative to economic output. It is a starting point for fiscal-capacity analysis, not a full debt-sustainability model.
Central Government Debt (% of GDP) - South Korea
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The reading right now
As of January 2023, Gross government debt for South Korea stood at 48.6%. That is up 0.94 percentage points from the prior year. Over the trailing five years, the series has averaged 43.2%, ranging from a low of 35.5% in January 2018 to a high of 48.6% in January 2023. The current reading sits 9.1 percentage points above its trailing ten-year mean of 39.5%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.