South Korea: Government debt held by non-residents
* indicates monthly or quarterly data series
| South Korea |
Government debt held by non-residents |
|---|---|
| Latest value | 19.11 |
| Year | 2024 |
| Measure | percent |
| Data availability | 2004 - 2024 |
| Average | 11.96 |
| Min - Max | 5.07 - 19.11 |
| Source | The World Bank |
The latest value from 2024 is 19.11 percent, an increase from 19.1 percent in 2023. In comparison, the world average is 44.18 percent, based on data from 79 countries. Historically, the average for South Korea from 2004 to 2024 is 11.96 percent. The minimum value, 5.07 percent, was reached in 2006 while the maximum of 19.11 percent was recorded in 2024.
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Definition: General government debt held by non-residents as percent of total government debt. The source for these data is: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 18.90 | 2023 | percent |
| Government spending, in dollars | 323.69 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -0.78 | 2024 | percent |
| Primary budget balance | -0.70 | 2024 | percent |
| Government expenditure | 114,237.70 | Q3/2025 | billion |
| Long-term interest rate | 2.85 | 9/2025 | percent |
| Tax revenue | 15.72 | 2023 | percent |
| Commercial tax rate | 33.20 | 2019 | percent |
| Tax preparation time | 174 | 2019 | hours |
| Taxes on goods and services | 16.10 | 2023 | percent |
| Taxes on international trade | 1.09 | 2023 | percent |
| Income and profits taxes | 29.99 | 2023 | percent |
| Foreign aid | -55.10 | 1999 | million U.S. dollars |
| Government debt | 49.81 | 2024 | percent |
| Government debt in foreign currency, percent | 1.04 | 2023 | percent |
| Government debt held by non-residents | 19.11 | 2024 | percent |
| Sovereign debt average maturity | 9.91 | 2024 | percent |
| Short-term government debt | 8.76 | 2024 | percent |