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Bank Deposits (Local Currency) in South Korea

Source: OECD, Bank of Korea, Financial Supervisory Service, IMF
Last Updated: July 24, 2023

Bank deposits reached KRW 1,663,475 bil in 2020 in South Korea, according to the National Central Bank. This is 12.5% more than in the previous year.

Historically, bank deposits in South Korea reached an all time high of KRW 1,663,475 bil in 2020 and an all time low of KRW 934 bil in 1971.

South Korea has been ranked 3rd within the group of 110 countries we follow in terms of bank deposits.

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