International Monetary Fund · Public Sector

Korea, Republic of: Gross debt position (IMF)

49.73percent · 2031+3.7% since 2021

All liabilities that require future payment of interest and/or principal by the debtor to the creditor. This includes debt liabilities in the form of special drawing rights, currency, and deposits; debt securities; loans; insurance, pension, and standardized guarantee schemes; and other accounts payable. (See the 2014 edition of the IMF's Government Finance Statistics Manual and Public Sector Debt Statistics Manual). The term "public debt" is used in the Fiscal Monitor, for simplicity, as synonymous with gross debt of the general government, unless otherwise specified. (Strictly speaking, the term "public debt" refers to the debt of the public sector as a whole, which includes financial and nonfinancial public enterprises and the central bank.) Annual figures for Korea, Republic of from 2012 to 2031.