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 164.00 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 163.00 percent in 2027 and 162.00 percent in 2028, according to our econometric models.