South Korea: Household debt to GDP

* indicates monthly or quarterly data series
 South Korea

Household debt to GDP, in percent

 Latest value 101.5
 Reference September 2023
 Measure percent
 Data availability March 2002 - September 2023
 Average 79.42
 Min - Max 57.5 - 105.6
 Source The Bank for International Settlements
For that indicator, we provide data for South Korea from March 2002 to September 2023. The average value for South Korea during that period was 79.42 percent with a minimum of 57.5 percent in March 2002 and a maximum of 105.6 percent in September 2021. Click on the following link to see the values of Household debt to GDP, in percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Household debt to GDP - recent values

Historical chart
South Korea - Household debt to GDP - historical chart - 2002-2023
Measure: percent
Source: The Bank for International Settlements


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Definition: The total outstanding debt of households to banks and other financial institutions as percent of GDP.

 Related indicators Latest value Reference Measure
 Inflation 5.1 2022 percent
 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
 USD exchange rate 1,333.3333 9/2023 Local Currency Units per USD
 Exchange rate regimes 7 2021 index points
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