Foreign liabilities in South Korea
South Korea: Foreign liabilities was 1.49 trillion current US$ in 2020. ◆ Volatile
Latest (2020)
1.49 trillion current US$
Change on year
up 24.1%
World rank
19th
of 151 countries
All-time high
1.49 trillion current US$
in 2020
All-time low
145.44 billion current US$
in 1995
Years of data
26
1995–2020
Foreign liabilities in South Korea, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for foreign liabilities in South Korea is 1.49 trillion current US$, measured in 2020. That is the highest value across all 26 years on record.
That represents a change of up 24.1% on the previous year and up 80.7% over ten years.
Over the whole period, foreign liabilities in South Korea peaked at 1.49 trillion current US$ in 2020 and was at its lowest, 145.44 billion current US$, in 1995.
South Korea ranks 19th of 151 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign liabilities in South Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 145.44 billion current US$ | — |
| 1996 | 185.20 billion current US$ | +27.3% |
| 1997 | 193.10 billion current US$ | +4.3% |
| 1998 | 208.36 billion current US$ | +7.9% |
| 1999 | 248.75 billion current US$ | +19.4% |
| 2000 | 223.15 billion current US$ | -10.3% |
| 2001 | 234.80 billion current US$ | +5.2% |
| 2002 | 263.08 billion current US$ | +12.0% |
| 2003 | 317.57 billion current US$ | +20.7% |
| 2004 | 388.20 billion current US$ | +22.2% |
| 2005 | 512.04 billion current US$ | +31.9% |
| 2006 | 619.18 billion current US$ | +20.9% |
| 2007 | 779.42 billion current US$ | +25.9% |
| 2008 | 604.20 billion current US$ | -22.5% |
| 2009 | 727.23 billion current US$ | +20.4% |
| 2010 | 826.44 billion current US$ | +13.6% |
| 2011 | 838.60 billion current US$ | +1.5% |
| 2012 | 953.44 billion current US$ | +13.7% |
| 2013 | 1.00 trillion current US$ | +5.1% |
| 2014 | 991.78 billion current US$ | -1.0% |
| 2015 | 939.53 billion current US$ | -5.3% |
| 2016 | 964.00 billion current US$ | +2.6% |
| 2017 | 1.20 trillion current US$ | +24.5% |
| 2018 | 1.11 trillion current US$ | -7.5% |
| 2019 | 1.20 trillion current US$ | +8.4% |
| 2020 | 1.49 trillion current US$ | +24.1% |
South Korea compared with similar countries
- South Korea's 1.49 trillion current US$ is above the median for high income countries, which is 626.48 billion current US$, 2.4× the median. (51 countries reporting)
- South Korea's 1.49 trillion current US$ is above the median for East Asia & Pacific, which is 407.23 billion current US$, 3.7× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 196.17 billion current US$ | 145.44 billion current US$ | 248.75 billion current US$ | 5 |
| 2000s | 466.89 billion current US$ | 223.15 billion current US$ | 779.42 billion current US$ | 10 |
| 2010s | 1.00 trillion current US$ | 826.44 billion current US$ | 1.20 trillion current US$ | 10 |
| 2020s | 1.49 trillion current US$ | 1.49 trillion current US$ | 1.49 trillion current US$ | 1 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is foreign liabilities in South Korea?
- Foreign liabilities in South Korea was 1.49 trillion current US$ in 2020, according to the World Bank.
- What is the highest foreign liabilities recorded in South Korea?
- The highest recorded value was 1.49 trillion current US$ in 2020.
- What is the lowest foreign liabilities recorded in South Korea?
- The lowest recorded value was 145.44 billion current US$ in 1995.
- How does South Korea rank for foreign liabilities?
- South Korea ranks 19th out of 151 countries with data for 2020.
- Is foreign liabilities rising or falling in South Korea?
- Over the last ten years it is up 80.7%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Foreign liabilities (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).