World Clock / South Korea / vs Turkey

🇰🇷 South Korea vs 🇹🇷 Turkey

Live side-by-side comparison of government debt. South Korea currently owes about 2.6× as much as Turkey — a gap of $644.9 billion. Updated every second from each country's baseline figure; sources below.

🇰🇷
South Korea
$1,047,442,807,639
Debt-to-GDP52%
Per citizen$20,294
Per second+$2,400
VS
🇹🇷
Turkey
$402,559,053,530
Debt-to-GDP24%
Per citizen$4,668
Per second+$913
In nominal terms, South Korea carries the larger government debt — roughly 2.6× that of Turkey, a difference of $644.9 billion. Debt-to-GDP (South Korea: 52%, Turkey: 24%) says more about the burden than the raw total does.

Among the 135 governments tracked here, South Korea ranks 76th by debt-to-GDP and Turkey 127th. Measured per person, South Korea is 34th and Turkey 77th.

Analysis

By total government debt, South Korea ranks 15th and Turkey 27th among the 135 sovereigns tracked on this site.

On a per-citizen basis the picture can look different from the nominal totals: a resident's notional share of the government debt in South Korea is roughly 4.3× that in Turkey ($20,294 vs $4,668 per person).

Both sit below 60% of GDP, the EU's Maastricht reference value — South Korea at 52% and Turkey at 24%. A low ratio is not on its own a sign of strength: some governments borrow little because lenders will not lend to them.

The gap between them is widening: South Korea's debt is growing faster in dollar terms ($2K/sec vs $913/sec for Turkey), adding roughly $128,476,800 to the difference each day.

Scale is part of the story too: Turkey's population (86M) is about 1.7× South Korea's (52M), which is part of why the nominal and per-capita comparisons above can point in different directions — a government's debt load scales loosely with the size of both its economy and its population, not either alone.

This analysis is generated automatically from live data as an educational orientation, not financial advice — see the methodology page for definitions and caveats.

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Source: Global Debt Clock, based on the IMF World Economic Outlook (October 2026, general government gross debt).
Live data: /api/compare?a=kr&b=tr · South Korea page · Turkey page
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