World Clock / Turkey / vs South Korea

🇹🇷 Turkey vs 🇰🇷 South Korea

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.

🇹🇷
Turkey
$402,559,053,589
Debt-to-GDP24%
Per citizen$4,668
Per second+$913
VS
🇰🇷
South Korea
$1,047,442,807,795
Debt-to-GDP52%
Per citizen$20,294
Per second+$2,400
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 (Turkey: 24%, South Korea: 52%) says more about the burden than the raw total does.

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

Analysis

By total government debt, Turkey ranks 27th and South Korea 15th 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 — Turkey at 24% and South Korea at 52%. 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=tr&b=kr · Turkey page · South Korea page
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