Outstanding domestic public debt securities to GDP in Republic of Korea
Republic of Korea: Outstanding domestic public debt securities to GDP was 48.8% in 2020. ▲ Rising
Outstanding domestic public debt securities to GDP in Republic of Korea, 2002–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
In 2020, outstanding domestic public debt securities to gdp in Republic of 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 Republic of Korea peaked at 48.8% in 2020 and was at its lowest, 13.3%, in 2002.
That places Republic of 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 Republic of 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% |
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 Republic of Korea
More financial sector data for Republic of Korea
- Net domestic credit (current LCU), per capita 96.84 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 2,672 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 5.54 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 117.53 million SDR (2025)
- Gold reserves at market value 10.71 billion SDR (2025)
- Reserves excluding gold, foreign exchange 294.26 billion SDR (2025)
- Reserves excluding gold 308.07 billion SDR (2025)
- Total reserves (gold at market value) 318.78 billion SDR (2025)
- Total reserves (gold at national valuation) 311.57 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 6,028 SDR per person (2025)
Frequently asked questions
- What is outstanding domestic public debt securities to gdp in Republic of Korea?
- Outstanding domestic public debt securities to gdp in Republic of 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 Republic of Korea?
- The highest recorded value was 48.8% in 2020.
- What is the lowest outstanding domestic public debt securities to gdp recorded in Republic of Korea?
- The lowest recorded value was 13.3% in 2002.
- How does Republic of Korea rank for outstanding domestic public debt securities to gdp?
- Republic of Korea ranks 10th out of 32 countries with data for 2020.
- Is outstanding domestic public debt securities to gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is rising.
- Where does this Republic of 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.