Private Debt to GDP in South Korea decreased to 283.78 percent in 2023 from 291.16 percent in 2022. Private Debt to GDP in South Korea averaged 248.82 percent from 2008 until 2023, reaching an all time high of 291.16 percent in 2022 and a record low of 227.03 percent in 2008. source: OECD

Private Debt to GDP in South Korea is expected to reach 290.00 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Private Debt To GDP is projected to trend around 289.00 percent in 2025, according to our econometric models.




Related Last Previous Unit Reference
Central Bank Balance Sheet 550166.50 539459.40 KRW Billion Nov 2024
Deposit Interest Rate 3.37 3.40 percent Oct 2024
Foreign Exchange Reserves 415600.00 415390.00 USD Million Dec 2024
Foreign Stock Investment 952016.80 861743.50 USD Million Dec 2023
Interbank Rate 3.05 3.06 percent Jan 2025
Interest Rate 3.00 3.00 percent Jan 2025
Lending Rate 3.50 3.50 percent Dec 2024
Loans to Private Sector 1393182.70 1383340.80 KRW Billion Oct 2024
Money Supply M0 180377200.00 179120900.00 KRW Million Nov 2024
Money Supply M1 1257447.10 1250530.30 KRW Billion Nov 2024
Money Supply M2 4136953.90 4111135.10 KRW Billion Nov 2024
Money Supply M3 5635156.10 5584891.90 KRW Billion Nov 2024
Private Debt to GDP 283.78 291.16 percent Dec 2023

South Korea Private Debt To GDP
Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
283.78 291.16 291.16 227.03 2008 - 2023 percent Yearly