Household debt South Korea 2017-2024

Published by L. Yoon, Jan 30, 2025

In 2024, the value of household debt in South Korea amounted to about 91.28 million South Korean won, slightly down from about 91.89 million South Korean won in the previous year. Household debt in South Korea has risen steadily in recent years.

Average household debt in South Korea from 2017 to 2024 (in million South Korean won)

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Release date

December 2024

Region

South Korea

Survey time period

2017 to 2024

Supplementary notes

1,000 South Korean won equals 0.68 U.S. dollars or 0.66 euros as of January 2025. 

Figures have been rounded.

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