Mortgage loan originations in 2023 South Korea as of September 2024, by purpose

Published by
H. Yoo,
Sep 10, 2024

As of September 2024, housing purchases accounted for the largest share of mortgage financing for 2023 in South Korea, at around 19 trillion South Korean won. Mortgage originations for apartments significantly outpaced originations for other types of housing.

Mortgage loan originations for 2023 in South Korea as of September 2024, by purpose (in trillion South Korean won)

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Release date

September 2024

Region

South Korea

Survey time period

2023

Special properties

based on bogeumjari loans; includes secured conversion loans

Supplementary notes

1,000 South Korean won equals 0.75 U.S. dollars or 0.67 euros as of September 2024. 

Release date is the date of access. 

Figures have been rounded.

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