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<Econ> S Korea 2025 Debt-to-GDP Ratio Rises to 49%
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The S Korean government reviewed and approved the "FY2025 Settlement Report" at a Cabinet meeting on Monday, showing that central and local government debt was recorded at KRW1,310 trillion in 2025, an increase of KRW129.4 trillion from KRW1,180 trillion in 2024. The ratio of national debt to gross domestic product (GDP) rose to 49% in 2025 from 46% in 2024, up 3 ppts. Based on the original budget, the government expects the debt-to-GDP ratio to climb further to 51.6% this year. (to/s) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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