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Personal savings rate in South Korea 2010-2020

Published by L. Yoon, Sep 8, 2021
In 2020, the net personal savings rate amounted to 11.9 percent in South Korea. This was a n increase from six percent in the previous year. Net personal savings rate is the same as net household savings rate.

Net personal savings rate in South Korea from 2010 to 2020

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Release date

August 2021

Region

South Korea

Survey time period

2006 to 2020

Supplementary notes

Note: Net personal savings rate = (net personal savings / (disposable personal income + retirement benefits - retirement contributions)) x 100

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