South Korea - Net incurrence of liabilities, domestic (% of GDP)

Net incurrence of liabilities, domestic (% of GDP) in South Korea was at 1.1267 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south korea net incurrence of liabilities domestic percent of gdp wb data




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Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.


South Korea | Public Sector

312.Debt securities (PSDCGGB)
435455000000000 %
280.Debt securities (PSDCG)
468643000000000 %
344.Debt securities (PSDNFPC)
245948000000000 %
408.Debt securities (PSDT, LT)
697802000000000 %
313.Loans (PSDCGGB)
53859000000000 %
089.Loans (PSDCGGB) US$
48993916530 USD
281.Loans (PSDCG)
55037000000000 %
057.Loans (PSDCG) US$
50065507790 USD
249.Loans (PSDGG, LT)
69682000000000 %
025.Loans (PSDGG) US$
63387624940 USD
268.Loans (PSDCG, LT, <1yr)
1655000000000 %
236.Loans (PSDGG, LT, <1yr)
3720000000000 %
396.Loans (PSDT, LT,<1yr)
8274000000000 %
275.Loans (PSDCG, LT, >1yr)
10205000000000 %
243.Loans (PSDGG, LT, >1yr)
22632000000000 %
403.Loans (PSDT, LT, >1yr)
39828000000000 %
345.Loans (PSDNFPC)
63201000000000 %
121.Loans (PSDNFPC) US$
57492053670 USD
409.Loans (PSDT, LT)
99870000000000 %
185.Loans (PSDT) US$
90848742900 USD
411.Other accounts payable /8
159656000000000 %
388.Debt securities (PSDT)
6289000000000 %
293.Loans (PSDCGGB, ST)
42248000000000 %
069.Loans (PSDCGGB, ST) US$
38431738160 USD
261.Loans (PSDCG, ST)
43177000000000 %
037.Loans (PSDCG, ST) US$
39276821590 USD
229.Loans (PSDGG, ST)
43329000000000 %
005.Loans (PSDGG, ST) US$
39415091430 USD
325.Loans (PSDNFPC, ST)
8438000000000 %
389.Loans (PSDT)
51768000000000 %
165.Loans (PSDT, ST) US$
47091796560 USD
Other taxes (current LCU)
12345856268223 LCU
Tax revenue (current LCU)
218164717416848 LCU
Interest payments (current LCU)
20761012461333 LCU
Other expense (current LCU)
30173570732282 LCU
Expense (current LCU)
389459531776481 LCU