Foreign liabilities in South Korea
South Korea: Foreign liabilities was 1.49 trillion real chained 2019 US$ in 2020. ▲ Rising
Latest (2020)
1.49 trillion real chained 2019 US$
Change on year
up 23.4%
World rank
19th
of 150 countries
All-time high
1.49 trillion real chained 2019 US$
in 2020
All-time low
278.22 billion real chained 2019 US$
in 1995
Years of data
26
1995–2020
Foreign liabilities in South Korea, 1995–2020
Source: World Bank. Measured in real chained 2019 US$.
Analysis
South Korea recorded 1.49 trillion real chained 2019 US$ for foreign liabilities in 2020. That is the highest value across all 26 years on record.
That represents a change of up 23.4% on the previous year and up 56.1% over ten years.
Over the whole period, foreign liabilities in South Korea peaked at 1.49 trillion real chained 2019 US$ in 2020 and was at its lowest, 278.22 billion real chained 2019 US$, in 1995.
South Korea ranks 19th of 150 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Foreign liabilities in South Korea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 278.22 billion real chained 2019 US$ | — |
| 1996 | 337.65 billion real chained 2019 US$ | +21.4% |
| 1997 | 337.10 billion real chained 2019 US$ | -0.2% |
| 1998 | 338.31 billion real chained 2019 US$ | +0.4% |
| 1999 | 400.64 billion real chained 2019 US$ | +18.4% |
| 2000 | 351.47 billion real chained 2019 US$ | -12.3% |
| 2001 | 355.38 billion real chained 2019 US$ | +1.1% |
| 2002 | 387.46 billion real chained 2019 US$ | +9.0% |
| 2003 | 451.83 billion real chained 2019 US$ | +16.6% |
| 2004 | 533.18 billion real chained 2019 US$ | +18.0% |
| 2005 | 684.43 billion real chained 2019 US$ | +28.4% |
| 2006 | 809.49 billion real chained 2019 US$ | +18.3% |
| 2007 | 993.79 billion real chained 2019 US$ | +22.8% |
| 2008 | 735.98 billion real chained 2019 US$ | -25.9% |
| 2009 | 862.09 billion real chained 2019 US$ | +17.1% |
| 2010 | 951.72 billion real chained 2019 US$ | +10.4% |
| 2011 | 928.34 billion real chained 2019 US$ | -2.5% |
| 2012 | 1.03 trillion real chained 2019 US$ | +11.3% |
| 2013 | 1.07 trillion real chained 2019 US$ | +3.8% |
| 2014 | 1.05 trillion real chained 2019 US$ | -2.3% |
| 2015 | 985.14 billion real chained 2019 US$ | -5.9% |
| 2016 | 1.00 trillion real chained 2019 US$ | +1.6% |
| 2017 | 1.22 trillion real chained 2019 US$ | +22.1% |
| 2018 | 1.11 trillion real chained 2019 US$ | -8.8% |
| 2019 | 1.20 trillion real chained 2019 US$ | +8.0% |
| 2020 | 1.49 trillion real chained 2019 US$ | +23.4% |
South Korea compared with similar countries
- South Korea's 1.49 trillion real chained 2019 US$ is above the median for high income countries, which is 606.03 billion real chained 2019 US$, 2.5× the median. (51 countries reporting)
- South Korea's 1.49 trillion real chained 2019 US$ is above the median for East Asia & Pacific, which is 406.81 billion real chained 2019 US$, 3.7× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 338.38 billion real chained 2019 US$ | 278.22 billion real chained 2019 US$ | 400.64 billion real chained 2019 US$ | 5 |
| 2000s | 616.51 billion real chained 2019 US$ | 351.47 billion real chained 2019 US$ | 993.79 billion real chained 2019 US$ | 10 |
| 2010s | 1.06 trillion real chained 2019 US$ | 928.34 billion real chained 2019 US$ | 1.22 trillion real chained 2019 US$ | 10 |
| 2020s | 1.49 trillion real chained 2019 US$ | 1.49 trillion real chained 2019 US$ | 1.49 trillion real chained 2019 US$ | 1 |
Countries ranked near South Korea
- 16 Belgium 2.35 trillion real chained 2019 US$ compare
- 17 Sweden 1.90 trillion real chained 2019 US$ compare
- 18 India 1.53 trillion real chained 2019 US$ compare
- 20 Brazil 1.43 trillion real chained 2019 US$ compare
- 21 Denmark 1.25 trillion real chained 2019 US$ compare
- 22 Mexico 1.24 trillion real chained 2019 US$ compare
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 real chained 2019 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 real chained 2019 US$ in 2020.
- What is the lowest foreign liabilities recorded in South Korea?
- The lowest recorded value was 278.22 billion real chained 2019 US$ in 1995.
- How does South Korea rank for foreign liabilities?
- South Korea ranks 19th out of 150 countries with data for 2020.
- Is foreign liabilities rising or falling in South Korea?
- Over the last ten years it is up 56.1%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from the World Bank, published as part of Foreign liabilities (real chained 2019 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).