The share of household loans by low-income borrowers amounted to 10.8 percent in 2021. Figures peaked in 2018 at 11.4 percent before declining. Low income is defined as the bottom 30 percent of earners for South Korea.
Share of household loans by low-income borrowers in South Korea from 2016 to 2021
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Bank of Korea. (December 22, 2022). Share of household loans by low-income borrowers in South Korea from 2016 to 2021 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1257069/south-korea-share-of-household-loans-by-low-income-borrowers/
Bank of Korea. "Share of household loans by low-income borrowers in South Korea from 2016 to 2021." Chart. December 22, 2022. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1257069/south-korea-share-of-household-loans-by-low-income-borrowers/
Bank of Korea. (2022). Share of household loans by low-income borrowers in South Korea from 2016 to 2021. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1257069/south-korea-share-of-household-loans-by-low-income-borrowers/
Bank of Korea. "Share of Household Loans by Low-income Borrowers in South Korea from 2016 to 2021." Statista, Statista Inc., 22 Dec 2022, https://www.statista.com/statistics/1257069/south-korea-share-of-household-loans-by-low-income-borrowers/
Bank of Korea, Share of household loans by low-income borrowers in South Korea from 2016 to 2021 Statista, https://www.statista.com/statistics/1257069/south-korea-share-of-household-loans-by-low-income-borrowers/ (last visited November 04, 2024)
Share of household loans by low-income borrowers in South Korea from 2016 to 2021 [Graph], Bank of Korea, December 22, 2022. [Online]. Available: https://www.statista.com/statistics/1257069/south-korea-share-of-household-loans-by-low-income-borrowers/
