Argentina vs South Korea

Argentina vs South Korea: Government debt

Government debt: 80.1% of GDP in Argentina in 2025 and 49.6% of GDP in South Korea in 2024, by IMF estimates. In 2024 the value was higher in Argentina, by 35 percentage points, or 1.71 times that in South Korea.

% of GDP · IMF

Argentina vs South Korea: Government debtGovernment debt: 80.1% of GDP in Argentina in 2025 and 49.6% of GDP in South Korea in 2024, by IMF estimates. In 2024 the value was higher in Argentina, by 35 percentage points, or 1.71 times that in South Korea.
ArgentinaSouth KoreaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • Argentina has been higher in every year both have figures for since 2012.
  • The IMF projection (World Economic Outlook, October 2026) puts Argentina at 53.9% of GDP and South Korea at 49.7% of GDP in 2031.

Every year

% of GDP · IMF

YearArgentinaSouth Korea
202580.152.4
202484.649.6
2023153.450.6
202284.349.7
20218148
2020103.845.9
201989.839.7
201885.337.9
20175738
201653.139.1
201552.638.8
201444.737.9
201343.536
201240.433.5
201138.9–
201043.5–
200955.4–
200853.8–
200762.1–
200670.8–
200580.3–
2004117.9–
2003125.2–
2002147.2–
200148–
200040.8–
199938.9–
199834.2–
199731.7–
199632.6–
199530.8–
199428.4–
199326.9–
199225–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearArgentinaSouth Korea
202669.447.3
202770.446.2
202865.647
202960.348.2
203056.749.2
203153.949.7

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Argentina vs South Korea

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