South Korea Gross External Debt - Forecast

External Debt in South Korea is expected to be 430000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in South Korea to stand at 427700.00 in 12 months time. In the long-term, the South Korea Gross External Debt is projected to trend around 431000.00 USD Million in 2020, according to our econometric models.


South Korea Gross External Debt
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South Korea Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 6331 5400 5200 4230 5440 5800
Exports 51221 50370 48100 49100 50300 50800
Imports 44890 44970 44900 44870 44860 45000
Current Account 8680 6245 10680 9800 7500 9010
Current Account to GDP 5.6 6.2 6.2 6.1 6.1 5.8
External Debt 433887 430000 426000 426500 427700 431000
Terms of Trade 98.6 96.72 95.6 96.84 97.19 89.36
Foreign Direct Investment 10820000 4468196 8370000 4970000 6830000 9040000
Capital Flows 6862 7052 4900 4500 6300 7500
Tourism Revenues 1278700 1300000 1350000 1277000 1273000 1420000
Tourist Arrivals 1238021 1210500 1320000 1188000 1195000 1380000
Gold Reserves 104 104 104 104 104 104
Terrorism Index 0.61 0.2 0.2 0.2 0.2 0.1
Weapons Sales 587 590 590 550 550 560