In 2023, South Korea's national debt reached approximately 1,134 trillion South Korean won. The debt has been steadily increasing over the past decades and is projected to exceed 1,400 trillion won by 2027.
National debt of South Korea from 1997 to 2023, with projections until 2027
(in trillion South Korean won)
Characteristic
National debt in trillion South Korean won
1997
60.3
1998
80.4
1999
98.6
2000
111.2
2001
121.8
2002
133.8
2003
165.8
2004
203.7
2005
247.9
2006
282.7
2007
299.2
2008
309
2009
359.6
Created with Highcharts 7.2.2National debt in trillion South Korean won1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024*2025*2026*2027*
02505007501,0001,2501,5001,750
Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
Statistics Korea. (September 10, 2024). National debt of South Korea from 1997 to 2023, with projections until 2027 (in trillion South Korean won) [Graph]. In Statista. Retrieved March 13, 2025, from https://www.statista.com/statistics/1478313/south-korea-national-debt/
Statistics Korea. "National debt of South Korea from 1997 to 2023, with projections until 2027 (in trillion South Korean won)." Chart. September 10, 2024. Statista. Accessed March 13, 2025. https://www.statista.com/statistics/1478313/south-korea-national-debt/
Statistics Korea. (2024). National debt of South Korea from 1997 to 2023, with projections until 2027 (in trillion South Korean won). Statista. Statista Inc.. Accessed: March 13, 2025. https://www.statista.com/statistics/1478313/south-korea-national-debt/
Statistics Korea. "National Debt of South Korea from 1997 to 2023, with Projections until 2027 (in Trillion South Korean Won)." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/1478313/south-korea-national-debt/
Statistics Korea, National debt of South Korea from 1997 to 2023, with projections until 2027 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1478313/south-korea-national-debt/ (last visited March 13, 2025)
National debt of South Korea from 1997 to 2023, with projections until 2027 (in trillion South Korean won) [Graph], Statistics Korea, September 10, 2024. [Online]. Available: https://www.statista.com/statistics/1478313/south-korea-national-debt/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.