South Korea: Consumer credit

* indicates monthly or quarterly data series
 South Korea

Consumer credit, billion currency units

 Latest value 615486.4
 Reference March 2024
 Measure billion South Korean Won
 Data availability December 2006 - March 2024
 Average 489260.15
 Min - Max 280253.1 - 696169.6
 Source Economic Statistics System (South Korea)
For that indicator, we provide data for South Korea from December 2006 to March 2024. The average value for South Korea during that period was 489260.15 billion South Korean Won with a minimum of 280253.1 billion South Korean Won in January 2007 and a maximum of 696169.6 billion South Korean Won in November 2021. Click on the following link to see the values of Consumer credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Consumer credit - recent values

Historical chart
South Korea - Consumer credit - historical chart - 2006-2024
Measure: billion South Korean Won
Source: Economic Statistics System (South Korea)


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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 value Reference Measure
 Inflation 5.1 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 1,333.3333 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,839,468.60 9/2023 billion
 Consumer Price Index (CPI) 112.8300 9/2023 index points
 Inflation, monthly 0.49 9/2023 percent
 Inflation, annual 3.68 9/2023 percent
 Private sector credit 3,227,684.80 9/2023 billion
 Business credit 1,930,596.40 9/2023 billion
 Household credit 1,297,088.40 9/2023 billion
 Mortgage credit 659,363.10 9/2023 billion
 Consumer credit 637,725.30 9/2023 billion
 Deposit interest rate 3.95 9/2023 percent
 Business credit interest rate 5.27 9/2023 percent
 Mortgage credit interest rate 4.35 9/2023 percent
 Policy rate 3.50 9/2023 percent
 Household debt to GDP 101.50 9/2023 percent
 Debt service ratios for private non-financial sector 23.80 Q3/2023 percent
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