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Total household loans South Korea 2011-2020

Published by Statista Research Department, Mar 12, 2021
The total value of household loans in South Korea stood at around 1,630 trillion South Korean won in 2020. Both household debt and loans have doubled during the last 10 years. In particular, the increase in household loans in early 2020 was extremely high, due to the large increase in mortgage loans for housing investment ahead of the government's real estate regulations.

Total value of household loans in South Korea from 2011 to 2020 (in trillion South Korean won)

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Sources

Release date

February 2021

Region

South Korea

Survey time period

2011 to 2020

Supplementary notes

Note: 1,000 South Korean won equal 0.9 U.S. dollars and 0.75 euros as of February 2021.
Values have been rounded.

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