Share of household loans by young borrowers South Korea 2017-2020

Published by L. Yoon, Jun 25, 2024
The share of household loans by people in their 20s and 30s in South Korea stood at 25.8 percent in 2020. This was higher than figures from the previous year. The percentage of young people taking up household loans has stayed relatively similar since 2017.

Share of household loans by young people in South Korea from 2017 to 2020

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Release date

March 2021

Region

South Korea

Survey time period

2017 to 2020

Supplementary notes

Figures include borrowers in their 20s and 30s.

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Statistics on " Mortgages in South Korea "

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Overview

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Interest rates

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Consumer demographics

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Household debt

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