South Korea: Consumer credit

* indicates monthly or quarterly data series
The most recent value is 618320.5 billion South Korean Won as of December 2024, an increase compared to the previous value of 614454.7 billion South Korean Won. Historically, the average for South Korea from December 2006 to December 2024 is 494430.76 billion South Korean Won. The minimum of 280253.1 billion South Korean Won was recorded in January 2007, while the maximum of 696169.6 billion South Korean Won was reached in November 2021. Click on the following link to see the values of: Consumer credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion South Korean Won
  • Source: Economic Statistics System (South Korea)

Recent values South Korea: Consumer credit, billion currency units
2024  Dec 618320.5
2024  Nov 614454.7
2024  Oct 613381.6
2024  Sep 611314.4
2024  Aug 612902.6
2024  Jul 612284.9
2024  Jun 612581.7
2024  May 615011.3


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Definition: Loans provided by commercial banks to households and individuals for the purchase of goods and services, excluding real estate. In billion local currency units.

 Related indicators Latest Reference Measure
 Inflation 3.6 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1,315.7894 3/2025 Local Currency Units per USD
 Money supply (broad money) 4,157,036.90 12/2024 billion
 Consumer Price Index (CPI) 116.2900 3/2025 index points
 Inflation, monthly 0.18 3/2025 percent
 Inflation, annual 2.05 3/2025 percent
 Private sector credit 3,376,941.60 12/2024 billion
 Business credit 2,030,772.20 12/2024 billion
 Household credit 1,346,169.40 12/2024 billion
 Mortgage credit 727,848.90 12/2024 billion
 Consumer credit 618,320.50 12/2024 billion
 Deposit interest rate 3.30 12/2024 percent
 Business credit interest rate 4.62 12/2024 percent
 Mortgage credit interest rate 4.25 12/2024 percent
 Policy rate 2.75 2/2025 percent
 Household debt to GDP 90.70 9/2024 percent
 Debt service ratios for private non-financial sector 20.30 Q3/2024 percent
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