Makrognosis

South Korea Government Debt to GDP

AnnualNot seasonally adjustedCode KR.GOVDEBT.A.NSA

Latest48.8%2025
Previous45.8%2024
Year ago45.8%2024

South Korea Government Debt to GDP was 48.8% in 2025, up 3.0 percentage points from 2024.

That is the highest reading since the series began in 2013.

Among the 40 economies Makrognosis covers on this measure, it is the 13th lowest.

South Korea Government Debt to GDP (% of GDP), 2013 – 202530%35%40%45%50%201420162018202020222024Robomacro
South Korea Government Debt to GDP (% of GDP), 2013 – 2025. Source: Korea Ministry of Economy and Finance.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
202548.8%
202445.8%
202346.8%
202245.8%
202143.7%
202041.1%
201935.4%
201833.9%
201734.1%
201634.2%
201534.0%
201432.5%
201331.2%

Last 13 observations. The full history (13 observations) is available through the API.

Get South Korea Government Debt to GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/KR.GOVDEBT.A.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/KR.GOVDEBT.A.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation2025
First observation2013
Observations13
FrequencyAnnual
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high48.8% (2025)
10-year low33.9% (2018)
10-year average40.3%
Source agencyKorea Ministry of Economy and Finance
Makrognosis codeKR.GOVDEBT.A.NSA

Government Debt to GDP: how South Korea compares

#EconomyPeriodLatest
1Singapore2025166.1%
2Greece2026140.8%
3Italy2026139.9%
4Canada2026131.3%
5United States2026121.7%
23Colombia202562.9%
24Norway202660.8%
25Uruguay202560.5%
26Romania202659.4%
27Thailand202549.5%
28South Korea202548.8%
29Ghana202645.7%
30Czech Republic202643.8%
31Netherlands202643.7%
32Chile202643.0%
33Switzerland202540.1%
34Australia202637.9%

Government Debt to GDP by country: all 40 economies ranked →

Other South Korea indicators

South Korea GDP (Gross Domestic Product)South Korea Korea: GDP at market prices, SA, current prices (BOK ECOS)South Korea Inflation Rate (CPI)South Korea Core Inflation RateSouth Korea Unemployment RateSouth Korea 10-Year Government Bond YieldSouth Korea Credit Rating & Sovereign Risk ScoreSouth Korea Industrial ProductionSouth Korea Korea industrial production index, original (not seasonally adjusted), 2020=100 (KOSTAT via BOK ECOS)South Korea Producer Price Inflation (PPI)South Korea Korea: Current Account, monthly, NSA (BOK ECOS, USD mn)South Korea Korea: Current Account, monthly, SA (BOK ECOS, USD mn)South Korea Korea: Exports of Goods (Korea Customs Service final, BOK ECOS 901Y092 E100; thousand USD x 0.001 = USD mn)South Korea Korea: Imports of Goods (Korea Customs Service final, BOK ECOS 901Y092 I100; thousand USD x 0.001 = USD mn)South Korea Korea consumer sentiment index (KOSTAT via BOK ECOS 511Y002 FME 99988)South Korea M2 Money Stock

FAQ

What is the current government Debt to GDP in South Korea?
The latest reading is 48.8% for 2025, published by Korea Ministry of Economy and Finance.
Where does this data come from?
It is collected directly from Korea Ministry of Economy and Finance and is available through the Makrognosis API under the code KR.GOVDEBT.A.NSA.

Last updated 2026-09-18. Source: Korea Ministry of Economy and Finance. Original title: “Korea national debt D1, % of GDP (MOSF via e-나라지표)”.