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S. Korea's debt to GDP ratio projected to rise 81.1% in 2060 Updated: 2020-09-02 15:47:06 KST

South Korea's finance ministry is forecasting that if current trends continue, the country's debt-to-GDP ratio could almost double over the next forty years to more than 80 percent.
Right now it's at 43.5 percent, but if economic growth remains low and population falls, then by 2060, it could rise to 81.1 percent.
If things change and the working population increases, however, then it might stay under 80 percent.
KOGL : Korea Open Government License
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