Private Debt to GDP in South Korea decreased to 163 percent in 2024 from 166.80 percent in 2023. Private Debt to GDP in South Korea averaged 151.56 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 161.00 percent by the end of 2025, 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 160.00 percent in 2026 and 158.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Central Bank Balance Sheet 566680.80 571481.40 KRW Billion Nov 2025
Deposit Interest Rate 2.90 2.81 percent Dec 2025
Foreign Exchange Reserves 425910.00 428050.00 USD Million Jan 2026
Interbank Rate 2.78 2.78 percent Feb 2026
Interest Rate 2.50 2.50 percent Jan 2026
Lending Rate 3.00 3.00 percent Jan 2026
Loans to Private Sector 1448297.70 1441105.30 KRW Billion Nov 2025
Money Supply M0 198753600.00 197587900.00 KRW Million Dec 2025
Money Supply M1 1365926.20 1340773.20 KRW Billion Dec 2025
Money Supply M2 4537768.50 4496024.20 KRW Billion Dec 2025
Money Supply M3 6087014.40 5999197.90 KRW Billion Dec 2025
Private Debt to GDP 163.00 166.80 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
163.00 166.80 170.40 139.50 2008 - 2024 percent Yearly