Private Debt to GDP in South Korea decreased to 166.10 percent in 2024 from 169.60 percent in 2023. Private Debt to GDP in South Korea averaged 151.91 percent from 2008 until 2024, reaching an all time high of 170.40 percent in 2022 and a record low of 139.50 percent in 2017. source: OECD

Private Debt to GDP in South Korea is expected to reach 160.00 percent by the end of 2026, 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 158.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 593895.90 589659.80 KRW Billion Mar 2026
Deposit Interest Rate 2.92 2.82 percent Apr 2026
Foreign Exchange Reserves 427000.00 427880.00 USD Million May 2026
Interbank Rate 2.87 2.86 percent Jun 2026
Interest Rate 2.50 2.50 percent May 2026
Lending Rate 3.00 3.00 percent May 2026
Loans to Private Sector 1466586.80 1457891.20 KRW Billion Mar 2026
Money Supply M0 202707500.00 202689600.00 KRW Million Mar 2026
Money Supply M1 1375828.50 1367134.30 KRW Billion Mar 2026
Money Supply M2 4118090.60 4099487.40 KRW Billion Mar 2026
Money Supply M3 6142542.90 6171307.30 KRW Billion Mar 2026
Private Debt to GDP 166.10 169.60 percent Dec 2024


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
166.10 169.60 170.40 139.50 2008 - 2024 percent Yearly