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Interest Payments on Government Debt (As % of Government Expense) in South Korea

Source: World Bank
Last Updated: July 1, 2023

Interest payments on government debt as a share of government expense reached 3.66% in 2020 in South Korea, according to the National Statistical Office. This is 2.83% less than in the previous year.

Historically, interest payments on government debt as a share of government expense in South Korea reached an all time high of 8.32% in 1986 and an all time low of 2.57% in 1972.

South Korea has been ranked 73rd within the group of 110 countries we follow in terms of interest payments on government debt as a share of government expense.

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