South Korea - Net Incurrence Of Liabilities, Total (current LCU)

Net incurrence of liabilities, total (current LCU) in South Korea was reported at 115830553415284 LCU in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Net incurrence of liabilities, total (current LCU) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

South Korea - Net Incurrence Of Liabilities, Total (current LCU)
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.

South Korea | World Bank Development Indicators