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Korea - Government Debt to GDP 2021

Name: Korea Government Debt to GDP 2021
Creator: IMF WEO
License: https://creativecommons.org/licenses/by/4.0/

General government gross debt as % of GDP · IMF WEO

47.99% +2.07% from 2020 Global rank: 64th

Korea's government debt to gdp was 47.99% in 2021, increased +2.07% from 45.92% in 2020. This was the 64th highest globally.

Global Ranking - 2021▾

Government Debt to GDP by Country - 2021
Rank	Country	Value	YoY
1st	Liechtenstein	0.45%	-14.2%
2nd	Hong Kong SAR, China	1.94%	94.4%
3rd	Brunei Darussalam	2.51%	-12.0%
4th	Timor-Leste	6.53%	-35.3%
5th	Kuwait	7.20%	-29.6%
6th	Afghanistan	11.15%	52.1%
7th	Tuvalu	11.30%	-6.6%
8th	Turkmenistan	12.29%	-20.0%
9th	Solomon Islands	15.94%	24.1%
10th	Russian Federation	16.52%	-13.7%
11th	Micronesia, Federated States of	16.96%	-21.1%
12th	Kiribati	17.35%	-17.3%
13th	Estonia	18.42%	-3.5%
14th	Marshall Islands	20.06%	-7.4%
15th	Nauru	20.52%	-63.5%
16th	Botswana	22.28%	-5.2%
17th	Bulgaria	23.84%	4.9%
18th	Luxembourg	24.19%	-1.4%
19th	Kazakhstan	25.10%	-4.8%
20th	Congo, Democratic Republic of	25.26%	6.6%
21st	Saudi Arabia	25.46%	-14.2%
22nd	Cambodia	25.94%	2.8%
23rd	Comoros	26.28%	8.1%
24th	Azerbaijan	26.35%	23.5%
25th	Nigeria	26.62%	3.5%
26th	Haiti	28.86%	29.3%
27th	Guatemala	30.59%	-2.9%
28th	Uzbekistan	31.73%	-5.8%
29th	Moldova	33.64%	-8.2%
30th	Peru	35.54%	3.7%
31st	Bangladesh	35.61%	3.2%
32nd	United Arab Emirates	35.67%	18.4%
33rd	Bosnia and Herzegovina	35.75%	-4.0%
34th	Chile	36.45%	12.6%
35th	Sweden	37.01%	-8.0%
36th	Eswatini	37.48%	-0.9%
37th	Paraguay	37.50%	1.6%
38th	Viet Nam	39.24%	-5.0%
39th	Türkiye	39.42%	1.8%
40th	Zimbabwe	39.89%	-29.8%
41st	Iran, Islamic Republic of	39.91%	-15.3%
42nd	Djibouti	40.28%	-4.2%
43rd	Guinea	40.57%	-10.4%
44th	Czechia	40.69%	10.3%
45th	Denmark	40.71%	-12.0%
46th	Switzerland	40.98%	-5.1%
47th	Indonesia	41.14%	3.5%
48th	Belarus	41.18%	-13.3%
49th	Chad	41.56%	-0.4%
50th	Norway	41.57%	-9.7%
51st	Tajikistan	42.01%	-17.5%
52nd	Equatorial Guinea	42.29%	-14.4%
53rd	Tonga	43.04%	1.2%
54th	Nepal	43.29%	-0.1%
55th	Lithuania	43.30%	-5.6%
56th	Tanzania	43.39%	5.1%
57th	Samoa	45.45%	5.2%
58th	Guyana	45.71%	-23.2%
59th	Latvia	45.87%	4.2%
60th	Central African Republic	46.94%	9.8%
61st	Sierra Leone	47.06%	1.5%
62nd	Cameroon	47.15%	5.1%
63rd	New Zealand	47.52%	9.9%
64th	Korea	47.99%	4.5%
65th	Nicaragua	48.43%	-1.5%
66th	Vanuatu	48.53%	1.1%
67th	Andorra	48.61%	4.9%
68th	Puerto Rico (US)	48.87%	-2.7%
69th	Ukraine	48.92%	-19.2%
70th	Georgia	49.09%	-17.6%
71st	Madagascar	49.44%	-6.5%
72nd	Malta	49.56%	2.0%
73rd	Côte d'Ivoire	50.17%	8.3%
74th	West Bank and Gaza	50.18%	6.6%
75th	South Sudan	50.18%	2.5%
76th	Honduras	50.26%	-4.2%
77th	Benin	50.29%	9.0%
78th	Uganda	50.35%	8.6%
79th	Netherlands	50.50%	-5.5%
80th	Niger	51.34%	14.2%
81st	Romania	51.53%	4.6%
82nd	Mali	51.56%	8.9%
83rd	Papua New Guinea	52.58%	8.0%
84th	Ireland	52.65%	-7.8%
85th	North Macedonia	52.75%	3.7%
86th	Poland	53.01%	-6.3%
87th	Liberia	53.28%	-9.2%
88th	Serbia	53.64%	-1.3%
89th	Panama	54.41%	-11.6%
90th	Mauritania	54.45%	-3.6%
91st	Iraq	54.72%	-24.5%
92nd	Algeria	55.15%	20.0%
93rd	Burkina Faso	55.48%	27.1%
94th	Australia	55.52%	-2.7%
95th	Kyrgyz Republic	56.20%	-11.7%
96th	Mexico	56.70%	-3.0%
97th	Philippines	57.01%	10.4%
98th	Lesotho	57.96%	6.0%
99th	Thailand	58.35%	18.1%
100th	Qatar	58.40%	-19.6%
101st	Slovak Republic	60.18%	3.0%
102nd	Trinidad and Tobago	60.51%	-0.1%
103rd	Ecuador	61.76%	-2.8%
104th	Oman	61.87%	-8.9%
105th	Dominican Republic	62.82%	-12.5%
106th	Myanmar	63.42%	29.1%
107th	Armenia	63.65%	-5.4%
108th	Uruguay	64.08%	-6.1%
109th	Colombia	64.42%	-1.3%
110th	Togo	64.86%	4.3%
111th	Burundi	66.47%	0.9%
112th	Malawi	66.55%	23.6%
113th	Rwanda	67.25%	-2.1%
114th	Mongolia	67.36%	-19.2%
115th	Costa Rica	67.63%	1.1%
116th	Israel	67.69%	-4.8%
117th	Germany	67.99%	-0.1%
118th	Kenya	68.23%	0.4%
119th	South Africa	68.82%	-0.2%
120th	St. Kitts and Nevis	69.10%	1.7%
121st	Malaysia	69.16%	2.2%
122nd	Morocco	69.35%	-4.0%
123rd	Namibia	69.60%	8.3%
124th	Palau	69.95%	34.3%
125th	China	70.15%	1.6%
126th	Seychelles	70.96%	-8.3%
127th	Gabon	72.95%	-12.2%
128th	Finland	73.20%	-2.8%
129th	Iceland	73.59%	-3.3%
130th	Angola	74.29%	-37.6%
131st	Pakistan	74.75%	-7.5%
132nd	Albania	74.80%	-0.8%
133rd	Slovenia	74.82%	-6.7%
134th	Yemen, Republic of	75.91%	-12.7%
135th	Hungary	76.22%	-3.1%
136th	San Marino	77.19%	10.6%
137th	Croatia	78.20%	-9.6%
138th	Guinea-Bissau	78.80%	1.6%
139th	Tunisia	79.73%	2.6%
140th	Argentina	81.04%	-21.9%
141st	Bolivia, Plurinational State of	81.41%	4.4%
142nd	St. Lucia	81.90%	-13.3%
143rd	Belize	82.21%	-20.2%
144th	Austria	82.40%	-0.9%
145th	Gambia, The	83.11%	-3.2%
146th	India	83.47%	-5.6%
147th	São Tomé and Principe	85.06%	-6.5%
148th	Mauritius	86.13%	-6.3%
149th	Montenegro	86.18%	-20.5%
150th	Jamaica	86.28%	-14.8%
151st	Grenada	86.60%	-3.2%
152nd	Fiji	86.66%	31.7%
153rd	Ghana	86.88%	9.8%
154th	Jordan	87.62%	-16.1%
155th	El Salvador	87.96%	-7.8%
156th	St. Vincent and the Grenadines	88.36%	10.2%
157th	Brazil	88.93%	-7.4%
158th	Egypt, Arab Republic of	89.90%	4.3%
159th	Bahamas, The	90.66%	26.1%
160th	Lao PDR	92.86%	22.2%
161st	Antigua and Barbuda	92.95%	-7.5%
162nd	Cyprus	96.48%	-15.1%
163rd	Congo, Republic of	97.76%	-4.6%
164th	Senegal	98.56%	9.2%
165th	Sri Lanka	102.67%	6.0%
166th	Mozambique	104.34%	-13.0%
167th	United Kingdom	105.13%	-0.7%
168th	Dominica	108.50%	-3.5%
169th	Belgium	108.54%	-2.4%
170th	Aruba	110.66%	-5.4%
171st	Zambia	111.05%	-20.7%
172nd	Canada	112.62%	-4.6%
173rd	France	112.79%	-1.8%
174th	Spain	115.59%	-3.0%
175th	Suriname	115.82%	-20.9%
176th	Barbados	121.59%	-12.0%
177th	Bahrain	122.30%	-2.7%
178th	Maldives	123.42%	-20.7%
179th	Portugal	123.88%	-7.6%
180th	Bhutan	124.47%	7.3%
181st	United States	125.01%	-5.7%
182nd	Singapore	141.73%	-4.4%
183rd	Italy	145.81%	-5.5%
184th	Cabo Verde	149.52%	3.6%
185th	Sudan	189.64%	-31.9%
186th	Greece	197.81%	-5.8%
187th	Japan	253.65%	-1.8%
188th	Lebanon	358.19%	140.9%

FAQ

What was Korea's government debt to gdp in 2021?▾

Korea's government debt to gdp in 2021 was 47.99%. This ranked 64th globally.

How did Korea's government debt to gdp change in 2021?▾

Korea's government debt to gdp increased by 4.5% in 2021 compared to 2020.

Which country had the highest government debt to gdp in 2021?▾

Lebanon had the highest government debt to gdp in 2021 at 358.19%.

What is the government debt to gdp of Korea in 2021?▾

The government debt to gdp of Korea in 2021 was 47.99%. This ranked 64th globally.

How does 2021 compare to 2020 for Korea's government debt to gdp?▾

Korea's government debt to gdp went from 45.92% in 2020 to 47.99% in 2021, a 4.5% increase.

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