South Korea's Debt-to-GDP Ratio Projected to Reach 60% by 2030

Korea's debt-to-GDP ratio on track to hit 60% by 2030

South Korea's debt shows little sign of slowing, with recent government data indicating it is rising faster than expected and remains on course to push the debt-to-GDP ratio to 60 percent by 2030. National debt stood at 1,304.5 trillion won ($878.2 billion) at the end of 2025, up 129.4 trillion won from a year earlier and marking the biggest annual increase since records began in 1997, according to the Finance Ministry's recent national settlement report. The figure was marginally above the 1,30

By The Korea Herald