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Non-Performing Loans (Local Currency) in South Korea

Source: IMF
Last Updated: July 24, 2023

Non-performing loans reached KRW 5,201 bil in 2019 in South Korea, according to the National Central Bank. This is 4.61% more than in the previous year.

Historically, non-performing loans in South Korea reached an all time high of KRW 8,231 bil in 2016 and an all time low of KRW 4,972 bil in 2018.

South Korea has been ranked 7th within the group of 77 countries we follow in terms of non-performing loans.

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