Nominal bank loans growth reached 11.0% in 2020 in South Korea, according to the National Central Bank. This is 131% more than in the previous year.
Historically, nominal bank loans growth in South Korea reached an all time high of 53.5% in 1999 and an all time low of -15.4% in 1998.
South Korea has been ranked 26th within the group of 106 countries we follow in terms of nominal bank loans growth.
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