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 December 22, 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 December 22, 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: December 22, 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 December 22, 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/
