General government gross debt, national accounts in South Korea

General government gross debt, national accounts in South Korea was 58% of GDP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 1.4 pts from 2024. That is the 26th highest of 37 countries in 2024.

2025, % of GDP58
Change on 2024+1.4 pts
Rank26th of 37Countries ranked
Series high582025
Series low36.22008

General government gross debt, national accounts in South Korea, 2008 to 2025

3540455055602008201120142017202020252008: 36.2 % of GDP2009: 39.8 % of GDP2010: 40.6 % of GDP2011: 43.4 % of GDP2012: 45.4 % of GDP2013: 45.8 % of GDP2014: 48.4 % of GDP2015: 50 % of GDP2016: 49 % of GDP2017: 46.9 % of GDP2018: 47.7 % of GDP2019: 49.7 % of GDP2020: 55.5 % of GDP2021: 56.1 % of GDP2022: 53.6 % of GDP2023: 56.3 % of GDP2024: 56.6 % of GDP2025: 58 % of GDP
% of GDP. Source: OECD, OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). Retrieved 2026-10-12, published 2026-10-12.
All 18 values
Period% of GDP
202558
202456.6
202356.3
202253.6
202156.1
202055.5
201949.7
201847.7
201746.9
201649
201550
201448.4
201345.8
201245.4
201143.4
201040.6
200939.8
200836.2

Rankings

Definition

Gross debt of general government (central, state and local government and social security funds) as a percentage of GDP, under the System of National Accounts: all liabilities that are debt instruments, including loans, debt securities, currency and deposits, insurance and pension entitlements and other accounts payable.

Not the Maastricht debt in government_debt: this measure also counts pension entitlements and accounts payable, and some countries value securities at market prices, so it is usually higher. Use it to compare OECD countries with each other.

How to cite

OECD. OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). https://data-explorer.oecd.org/vis?df[ds]=dsDisseminateFinalDMZ&df[id]=DSD_NAAG_VI%40DF_NAAG_VI&df[ag]=OECD.SDD.NAD. Accessed 2026-10-12. Data reuse terms and downstream attribution: https://www.oecd.org/en/about/terms-conditions.html

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Questions

What is the general government gross debt, national accounts in South Korea?

General government gross debt, national accounts in South Korea was 58% of GDP in 2025, according to the Organisation for Economic Co-operation and Development. That is up 1.4 pts from 2024. That is the 26th highest of 37 countries in 2024.

Where does this figure come from?

Organisation for Economic Co-operation and Development. OECD National Accounts at a Glance: gross debt of general government, percentage of GDP (DSD_NAAG_VI@DF_NAAG_VI, LES13_FD4). Retrieved by Invokely on 2026-10-12.

What was the highest general government gross debt, national accounts in South Korea?

58% of GDP in 2025, the highest value since 2008 in this series.

General government gross debt, national accounts in other countries

Related statistics for South Korea

All statistics for South Korea