The share of household loans by middle-income borrowers stood at 25.6 percent in 2021. Figures have increased by 3.2 percentage points since 2017. Household debt in South Korea has steadily increased yearly since 2009.
Share of household loans by middle-income borrowers in South Korea from 2016 to 2021
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Bank of Korea. (December 22, 2022). Share of household loans by middle-income borrowers in South Korea from 2016 to 2021 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1257066/south-korea-share-of-household-loans-by-middle-income-borrowers/
Bank of Korea. "Share of household loans by middle-income borrowers in South Korea from 2016 to 2021." Chart. December 22, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1257066/south-korea-share-of-household-loans-by-middle-income-borrowers/
Bank of Korea. (2022). Share of household loans by middle-income borrowers in South Korea from 2016 to 2021. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1257066/south-korea-share-of-household-loans-by-middle-income-borrowers/
Bank of Korea. "Share of Household Loans by Middle-income Borrowers in South Korea from 2016 to 2021." Statista, Statista Inc., 22 Dec 2022, https://www.statista.com/statistics/1257066/south-korea-share-of-household-loans-by-middle-income-borrowers/
Bank of Korea, Share of household loans by middle-income borrowers in South Korea from 2016 to 2021 Statista, https://www.statista.com/statistics/1257066/south-korea-share-of-household-loans-by-middle-income-borrowers/ (last visited November 22, 2024)
Share of household loans by middle-income borrowers in South Korea from 2016 to 2021 [Graph], Bank of Korea, December 22, 2022. [Online]. Available: https://www.statista.com/statistics/1257066/south-korea-share-of-household-loans-by-middle-income-borrowers/