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S. Korea's National Debt Per Capita Tops 13 Million Won

Written: 2018-02-11 13:13:37Updated: 2018-02-11 14:00:07

S. Korea's National Debt Per Capita Tops 13 Million Won

South Korea's per capita national debt has surpassed 13 million won.

​The National Assembly Budget Office said on Sunday that as of Saturday, the national debt stood at 671-point-five trillion won, up four-point-six trillion won from late last year. The national debt increased two-point-two times from 2008, when it marked 309 trillion won.

​The nation's per capita national debt also increased two-point-one times over the period to exceed 13 million won.

​The budget office estimated the national debt will increase to 708-point-two trillion won by the end of this year, based on the size of the country's budget for 2018.

​It said that the national debt is growing by one-point-31 million won every second.

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