Germany vs Republic of Korea: Gross public sector debt as a share of gross domestic product
Germany
43.7%
in 2024
Republic of Korea
45.5%
in 2023
Germany rank
34th
Republic of Korea rank
33rd
Gross public sector debt as a share of gross domestic product over time
- Germany
- Republic of Korea
How they compare
Republic of Korea currently reports 45.5% against 43.7% in Germany, a difference of 1.8%.
The two have swapped places 1 time across 13 shared years of data; in 2011 it was Germany ahead.
Germany ranks 34th and Republic of Korea ranks 33rd of 49 countries.
Germany has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Germany | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 44.6% | 31.5% | 13.0% | Germany |
| 2020s | 44.7% | 43.3% | 1.3% | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross public sector debt as a share of gross domestic product, Germany or Republic of Korea?
- Republic of Korea, at 45.5% against 43.7% in Germany as of 2023.
- What is the difference in gross public sector debt as a share of gross domestic product between Germany and Republic of Korea?
- 1.8%, with Republic of Korea ahead.
- How many years of comparable data are there for Germany and Republic of Korea?
- 13 years are reported by both, from 2011 to 2023.
- How do Germany and Republic of Korea rank globally for gross public sector debt as a share of gross domestic product?
- Germany ranks 34th and Republic of Korea ranks 33rd of 49 countries.
- Where does this data come from?
- World Bank – processed by Our World in Data, published as Gross public sector debt as a share of gross domestic product. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).