Elderly household debt South Korea 2015-2022

Published by L. Yoon, Apr 29, 2024
In 2022, households with a head of household aged 65 and above in South Korea had an average debt of about 49 million South Korean won, up from about 45.7 million in the previous year. Elderly household debt in South Korea has increased in recent years.

Value of debt of elderly households in South Korea from 2015 to 2022 (in million South Korean won)

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Release date

September 2023

Region

South Korea

Survey time period

2015 to 2022

Special properties

households whose heads of households were aged 65 years and above

Supplementary notes

1,000 South Korean won equals 0.74 U.S. dollars or 0.69 euro as of April 2024.

Figures have been rounded.

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