In 2022, South Korea's household debt accounted for about 105.1 percent of its gross domestic product (GDP). While the household debt-to-GDP ratio has decreased compared to the previous year, it remains very high in international comparisons.
Household debt as a share of the gross domestic product (GDP) in South Korea from 1962 to 2022
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IMF. (August 28, 2024). Household debt as a share of the gross domestic product (GDP) in South Korea from 1962 to 2022 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1489757/south-korea-household-debt-to-gdp-ratio/
IMF. "Household debt as a share of the gross domestic product (GDP) in South Korea from 1962 to 2022." Chart. August 28, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1489757/south-korea-household-debt-to-gdp-ratio/
IMF. (2024). Household debt as a share of the gross domestic product (GDP) in South Korea from 1962 to 2022. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1489757/south-korea-household-debt-to-gdp-ratio/
IMF. "Household Debt as a Share of The Gross Domestic Product (Gdp) in South Korea from 1962 to 2022." Statista, Statista Inc., 28 Aug 2024, https://www.statista.com/statistics/1489757/south-korea-household-debt-to-gdp-ratio/
IMF, Household debt as a share of the gross domestic product (GDP) in South Korea from 1962 to 2022 Statista, https://www.statista.com/statistics/1489757/south-korea-household-debt-to-gdp-ratio/ (last visited November 22, 2024)
Household debt as a share of the gross domestic product (GDP) in South Korea from 1962 to 2022 [Graph], IMF, August 28, 2024. [Online]. Available: https://www.statista.com/statistics/1489757/south-korea-household-debt-to-gdp-ratio/