Korea vs USA — Debt to GDP

What counts as "low"?

US federal debt is ≈122% of GDP, Korea D1 is ≈46%. The gap narrows once reserve-currency status, domestic holdings, and tax base are factored.

Country / SeriesDebt / GDPHousehold / GDPGDP (T USD)Debt (T USD)Note
USA (federal)122.0%2935
Korea (D1)45.8%1.920.88
Korea (D2)56.5%1.921.09

Takeaway

Cross-country comparison requires harmonizing definitions (D1/D2/D3). See /glossary/.

Sources: US Treasury, IMF WEO Apr 2025, MoEF Open Fiscal Data.

Korea vs USA — Debt to GDP — WorldRealDebt · WorldRealDebt