Outstanding domestic public debt securities to GDP (%) in Korea
Korea: Outstanding domestic public debt securities to GDP (%) was 48.8% in 2020. ▲ Rising
Outstanding domestic public debt securities to GDP in Korea, 2002–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
In 2020, outstanding domestic public debt securities to gdp in Korea stood at 48.8%. That is the highest value across all 19 years on record.
The figure is up 24.8% on the previous year and up 65.4% over ten years.
Over the whole period, outstanding domestic public debt securities to gdp in Korea peaked at 48.8% in 2020 and was at its lowest, 13.3%, in 2002.
That places Korea 10th out of 32 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Outstanding domestic public debt securities to GDP (%) in Korea, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 13.3% | — |
| 2003 | 16.3% | +22.9% |
| 2004 | 21.9% | +34.2% |
| 2005 | 23.9% | +8.8% |
| 2006 | 27.1% | +13.6% |
| 2007 | 25.8% | -5.0% |
| 2008 | 21.3% | -17.2% |
| 2009 | 31.4% | +47.1% |
| 2010 | 29.5% | -6.0% |
| 2011 | 28.5% | -3.4% |
| 2012 | 32.3% | +13.6% |
| 2013 | 33.6% | +4.0% |
| 2014 | 32.6% | -2.9% |
| 2015 | 34.1% | +4.3% |
| 2016 | 34.6% | +1.7% |
| 2017 | 38.3% | +10.7% |
| 2018 | 35.9% | -6.4% |
| 2019 | 39.1% | +8.9% |
| 2020 | 48.8% | +24.8% |
Korea compared with similar countries
- Korea's 48.8% is above the median for high income countries, which is 42.6%, 1.1× the median. (16 countries reporting)
- Korea's 48.8% is above the median for East Asia & Pacific, which is 47.9%, 1.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.6% | 13.3% | 31.4% | 8 |
| 2010s | 33.9% | 28.5% | 39.1% | 10 |
| 2020s | 48.8% | 48.8% | 48.8% | 1 |
Countries ranked near Korea
More financial sector data for Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is outstanding domestic public debt securities to gdp in Korea?
- Outstanding domestic public debt securities to gdp in Korea was 48.8% in 2020, according to Bank for International Settlements (BIS).
- What is the highest outstanding domestic public debt securities to gdp recorded in Korea?
- The highest recorded value was 48.8% in 2020.
- What is the lowest outstanding domestic public debt securities to gdp recorded in Korea?
- The lowest recorded value was 13.3% in 2002.
- How does Korea rank for outstanding domestic public debt securities to gdp?
- Korea ranks 10th out of 32 countries with data for 2020.
- Is outstanding domestic public debt securities to gdp rising or falling in Korea?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Outstanding domestic public debt securities to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total amount of domestic public debt securities (amounts outstanding) issued in domestic markets as a share of GDP. It covers long-term bonds and notes, treasury bills, commercial paper and other short-term notes. Table 16A (domestic debt amount): governments / GDP. End of year data (i.e. December data) are considered for debt securities. The figures are deflated using the following methodology: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is the level domestic public debt, P_e is end-of period CPI, and P_a is average annual CPI. GDP is from World Development Indicators. End-of period CPI is taken from IFS line 64M..ZF month of December (or if not available Q4). Average annual CPI is constructed from the monthly CPI figure taken from IFS line 64..ZF.