Consumer loans reached KRW 1,742,463 bil in 2021 in South Korea, according to the National Central Bank. This is 11.2% more than in the previous year.
Historically, consumer loans in South Korea reached an all time high of KRW 1,742,463 bil in 2021 and an all time low of KRW 550,410 bil in 2008.
South Korea has been ranked 1st within the group of 31 countries we follow in terms of consumer loans.
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