Austria vs South Korea
Austria vs South Korea: Government debt
Government debt in 2024: 80% of GDP in Austria and 49.6% of GDP in South Korea, by IMF estimates. In 2024 the value was higher in Austria, by 30.4 percentage points, or 1.61 times that in South Korea.
% of GDP · IMF
What the numbers say
- Austria has been higher in every year both have figures for since 2012.
- The IMF projection (World Economic Outlook, October 2026) puts Austria at 84.3% of GDP and South Korea at 49.7% of GDP in 2031.
Every year
% of GDP · IMF
| Year | Austria | South Korea |
|---|---|---|
| 2024 | 80 | 49.6 |
| 2023 | 77.8 | 50.6 |
| 2022 | 78.1 | 49.7 |
| 2021 | 82.4 | 48 |
| 2020 | 83.2 | 45.9 |
| 2019 | 71 | 39.7 |
| 2018 | 74.6 | 37.9 |
| 2017 | 79.1 | 38 |
| 2016 | 83.4 | 39.1 |
| 2015 | 85.6 | 38.8 |
| 2014 | 85.2 | 37.9 |
| 2013 | 82.4 | 36 |
| 2012 | 82.9 | 33.5 |
| 2011 | 83.4 | – |
| 2010 | 83.7 | – |
| 2009 | 80.8 | – |
| 2008 | 69.5 | – |
| 2007 | 65.8 | – |
| 2006 | 68.2 | – |
| 2005 | 69.4 | – |
| 2004 | 65.9 | – |
| 2003 | 66.4 | – |
| 2002 | 67.4 | – |
| 2001 | 67.2 | – |
| 2000 | 66.1 | – |
| 1999 | 61.3 | – |
| 1998 | 69.2 | – |
| 1997 | 63.4 | – |
| 1996 | 68.2 | – |
| 1995 | 68.2 | – |
| 1994 | 64.1 | – |
| 1993 | 61 | – |
| 1992 | 56.3 | – |
| 1991 | 56.4 | – |
| 1990 | 56.2 | – |
| 1989 | 56.6 | – |
| 1988 | 57.7 | – |
IMF projection (World Economic Outlook, October 2026) · 2025–2031
| Year | Austria | South Korea |
|---|---|---|
| 2025 | 81.4 | 52.4 |
| 2026 | 82.4 | 47.3 |
| 2027 | 82.3 | 46.2 |
| 2028 | 82.4 | 47 |
| 2029 | 82.9 | 48.2 |
| 2030 | 83.5 | 49.2 |
| 2031 | 84.3 | 49.7 |
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.
How the layers work, where their data comes from and what they can’t tell you: Countries through time
Austria vs South Korea
Health
- Life expectancyAustria: 82 years in 2023South Korea: 84.3 years in 2023
- Child mortalityAustria: 0.3 per 100 live births in 2024South Korea: 0.3 per 100 live births in 2024
- Infant mortalityAustria: 2.8 per 1,000 live births in 2023South Korea: 2.1 per 1,000 live births in 2023
- Safe drinking waterAustria: 98.9% in 2022South Korea: 99.3% in 2022
- DepressionAustria: 3.26% in 2017South Korea: 3.17% in 2017
- Suicide rateAustria: 11.2 per 100,000 people in 2017South Korea: 20.8 per 100,000 people in 2017
People
- PopulationAustria: 9.13 million people in 2023South Korea: 51.8 million people in 2023
- Population growthAustria: -0.12% a year in 2023South Korea: -0.04% a year in 2023
- Fertility rateAustria: 1.32 births per woman in 2023South Korea: 0.72 births per woman in 2023
- Urban populationAustria: 69.7% in 2025South Korea: 81.2% in 2025
- Median ageAustria: 43.1 years in 2023South Korea: 44.5 years in 2023
- People aged 65 and overAustria: 20.2% in 2023South Korea: 18.3% in 2023
- Net migration rateAustria: 0.5 per 1,000 people in 2023South Korea: 1.7 per 1,000 people in 2023
Economy
Education
Politics
Conflict
Military
- Military spendingAustria: 1.1% of GDP in 2025South Korea: 2.6% of GDP in 2025
- Military spending in US dollarsAustria: $5.88B in 2025South Korea: $48.9B in 2025
- Military spending per personAustria: $697 in 2025South Korea: $924 in 2025
- Military share of state spendingAustria: 2% of government spending in 2025South Korea: 10.8% of government spending in 2025
- Armed forces personnelAustria: 23,000 people in 2020South Korea: 569,000 people in 2020
- National powerAustria: 0.17% of world capability in 2022South Korea: 2% of world capability in 2022
- Armed forces, share of workersAustria: 0.5% of the labour force in 2020South Korea: 2.01% of the labour force in 2020
- Arms importsAustria: 29 million TIV in 2025South Korea: 222 million TIV in 2025
- Arms exportsAustria: 1 million TIV in 2025South Korea: 2.02 billion TIV in 2025