Bank assets as a share of GDP reached 141 % in 2017 in South Korea, according to the National Central Bank. This is 2.71 % less than in the previous year.
Historically, bank assets as a share of GDP in South Korea reached an all time high of 162 % in 2008 and an all time low of 29.4 % in 1977. When compared to South Korea's main peers, bank assets as a share of GDP in China amounted to 320 % and 202 % in Japan in 2017.
South Korea has been ranked 32nd within the group of 113 countries we follow in terms of bank assets as a share of GDP, 2 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.