South Korea: Household debt to GDP

* indicates monthly or quarterly data series
The most recent value is 90.1 percent as of December 2024, a decline compared to the previous value of 90.7 percent. Historically, the average for South Korea from March 1999 to December 2024 is 73.11 percent. The minimum of 43.5 percent was recorded in December 1999, while the maximum of 99.2 percent was reached in September 2021. Click on the following link to see the values of: Household debt to GDP around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: The Bank for International Settlements

Recent values South Korea: Household debt to GDP, in percent
2024  Dec 90.1
2024  Sep 90.7
2024  Jun 91
2024  Mar 92
2023  Dec 93.6
2023  Sep 94.5
2023  Jun 94.5
2023  Mar 94.4


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

 Related indicators Latest Reference Measure
 Inflation 3.6 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1,315.7894 6/2025 Local Currency Units per USD
 Money supply (broad money) 4,228,250.50 3/2025 billion
 Consumer Price Index (CPI) 116.3100 6/2025 index points
 Inflation, monthly 0.03 6/2025 percent
 Inflation, annual 2.17 6/2025 percent
 Private sector credit 3,407,758.80 3/2025 billion
 Business credit 2,052,856.90 3/2025 billion
 Household credit 1,354,901.90 3/2025 billion
 Mortgage credit 739,367.30 3/2025 billion
 Consumer credit 615,534.60 3/2025 billion
 Deposit interest rate 2.72 4/2025 percent
 Business credit interest rate 4.14 4/2025 percent
 Mortgage credit interest rate 3.98 4/2025 percent
 Policy rate 2.50 5/2025 percent
 Household debt to GDP 90.10 12/2024 percent
 Debt service ratios for private non-financial sector 20.10 Q4/2024 percent
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