
South Korea: Banking system concentration
* indicates monthly or quarterly data series
| South Korea |
Bank concentration: percent of bank assets held by top three banks |
|---|---|
| Latest value | 56.31 |
| Year | 2021 |
| Measure | percent |
| Data availability | 2000 - 2021 |
| Average | 64.77 |
| Min - Max | 49.84 - 100.00 |
| Source | Bankscope |
| Available for | Data download |
The latest value from 2021 is 56.31 percent, a decline from 56.45 percent in 2020. In comparison, the world average is 67.43 percent, based on data from 135 countries. Historically, the average for South Korea from 2000 to 2021 is 64.77 percent. The minimum value, 49.84 percent, was reached in 2013 while the maximum of 100 percent was recorded in 2000.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
| Recent values | South Korea: Banking system concentration |
|---|---|
| 2021 | 56.31 |
| 2020 | 56.45 |
| 2019 | 56.89 |
| 2018 | 82.13 |
| 2017 | 82.10 |
| 2016 | 55.28 |
| 2015 | 64.13 |
| 2014 | 50.14 |
Definition: Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.
Other resources:
Download data from our database
All indicators for South Korea
All indicators on the website
Article: Are trade deficits bad for the economy?
Article: Sources of economic growth
Article: Currency values and investment returns
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 244.47 | 2023 | ATMs per 100,000 adults |
| Bank branches per 100,000 people | 13.65 | 2021 | bank branches |
| Percent people with credit cards | 68.44 | 2021 | percent |
| Percent people with debit cards | 84.01 | 2021 | percent |
| Domestic credit to the private sector | 164.78 | 2020 | percent |
| Bank credit to the private sector | 160.35 | 2024 | percent |
| Liquid liabilities, percent of GDP | 174.40 | 2021 | percent |
| Bank assets to GDP | 181.66 | 2021 | percent |
| Financial system deposits, percent of GDP | 160.39 | 2021 | percent |
| Bank credit to government | 9.00 | 2020 | percent |
| Banking system concentration | 56.31 | 2021 | percent |
| Percent people with bank accounts | 98.67 | 2021 | percent |