Gross debt in South Korea

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in South Korea in the period from 2012 to 2016 was between 414.3 bn and 571.0 bn USD. The highest level of the last years at 571.03 bn US Dollar was reached in 2016.

Based on the number of inhabitants, this is in South Korea a debt of 11,149 USD per person. For comparison: The average debt per person in the same year in the European Union was 31,202 USD.

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Gross debt of the last 4 years in billion USD

JahrSouth Korea totalSouth Korea per capitaEU per capita
2012414.33 bn USD8,254 USD33,161 USD
2013478.82 bn USD9,495 USD35,247 USD
2014541.78 bn USD10,676 USD36,694 USD
2015549.56 bn USD10,773 USD31,489 USD
2016571.03 bn USD11,149 USD31,202 USD

Comparison of the gross debt per capita with the European Union in Euro

      South Korea       European Union