Bank credit card penetration reached 194% in 2016 in South Korea, according to the National Central Bank. This is 2.52% more than in the previous year.
Historically, bank credit card penetration in South Korea reached an all time high of 238% in 2012 and an all time low of 188% in 2014.
South Korea has been ranked 6th within the group of 49 countries we follow in terms of bank credit card penetration.
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