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
Characteristic
Share of household loans
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Bank of Korea. (March 18, 2021). Share of household loans by young people in South Korea from 2017 to 2020 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1257351/south-korea-share-of-household-loans-by-young-people/
Bank of Korea. "Share of household loans by young people in South Korea from 2017 to 2020 ." Chart. March 18, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1257351/south-korea-share-of-household-loans-by-young-people/
Bank of Korea. (2021). Share of household loans by young people in South Korea from 2017 to 2020 . Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1257351/south-korea-share-of-household-loans-by-young-people/
Bank of Korea. "Share of Household Loans by Young People in South Korea from 2017 to 2020 ." Statista, Statista Inc., 18 Mar 2021, https://www.statista.com/statistics/1257351/south-korea-share-of-household-loans-by-young-people/
Bank of Korea, Share of household loans by young people in South Korea from 2017 to 2020 Statista, https://www.statista.com/statistics/1257351/south-korea-share-of-household-loans-by-young-people/ (last visited August 24, 2024)
Share of household loans by young people in South Korea from 2017 to 2020 [Graph], Bank of Korea, March 18, 2021. [Online]. Available: https://www.statista.com/statistics/1257351/south-korea-share-of-household-loans-by-young-people/