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Retail Loans (Local Currency) in South Korea

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

Retail loans reached KRW 2,127,200 bil in 2021 in South Korea, according to the National Central Bank. This is 9.86% more than in the previous year.

Historically, retail loans in South Korea reached an all time high of KRW 2,127,200 bil in 2021 and an all time low of KRW 494,544 bil in 2002.

South Korea has been ranked 1st within the group of 37 countries we follow in terms of retail loans.

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