External Debt in Korea
External debt was 35.9% of GDP in Korea in 2024, compared to 27.2% of GDP ten years earlier. External debt averaged 29.7% of GDP over the last decade. For more external debt information, visit our dedicated page.
Korea External Debt Chart
Note: This chart displays External Debt (% of GDP) for Korea from 2024 to 2020.
Source: Macrobond.
Korea External Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| External Debt (% of GDP) | 26.9 | 31.6 | 32.5 | 37.4 | 36.7 |
| External Debt (USD bn) | 471 | 551 | 631 | 673 | 677 |