Household debt South Korea 2024, by type

Published by L. Yoon, Feb 3, 2025

In 2024, financial liabilities comprised the largest part of household debt in South Korea, at around 66.4 million South Korean won. The remainder consisted of security deposits of almost 25 million South Korean won. Household debt in South Korea has increased steadily in recent years.

Average household debt in South Korea in 2024, by type (in million South Korean won)

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Release date

December 2024

Region

South Korea

Survey time period

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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