Interest payments on government debt reached KRW 21,089 bil in 2020 in South Korea, according to the National Statistical Office. This is 5.87% more than in the previous year.
Historically, interest payments on government debt in South Korea reached an all time high of KRW 21,089 bil in 2020 and an all time low of KRW 17.0 bil in 1972.
South Korea has been ranked 3rd within the group of 111 countries we follow in terms of interest payments on government debt.
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