Households Debt in South Korea increased to 101.10 percent of GDP in the third quarter of 2020 from 98.60 percent of GDP in the second quarter of 2020. source: Bank for International Settlements

Households Debt To GDP in South Korea averaged 41.14 percent of GDP from 1962 until 2020, reaching an all time high of 101.10 percent of GDP in the third quarter of 2020 and a record low of 1.40 percent of GDP in the fourth quarter of 1964. This page provides - South Korea Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Households Debt To GDP - values, historical data and charts - was last updated on April of 2021.

Households Debt To GDP in South Korea is expected to be 95.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in South Korea to stand at 94.00 in 12 months time. In the long-term, the South Korea Households Debt To GDP is projected to trend around 93.00 percent of GDP in 2022, according to our econometric models.

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South Korea Households Debt To GDP

Actual Previous Highest Lowest Dates Unit Frequency
101.10 98.60 101.10 1.40 1962 - 2020 percent of GDP Quarterly
NSA

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 100.50 97.40 121.50 67.70 points [+]
Retail Sales MoM -0.80 1.60 6.00 -12.50 percent [+]
Retail Sales YoY 8.40 0.00 20.20 -21.50 percent [+]
Consumer Spending 209654.40 212925.80 224585.80 7263.90 KRW Billion [+]
Disposable Personal Income 1938678.90 1925872.90 1938678.90 2866.70 KRW Billion [+]
Personal Savings 35.70 34.50 42.70 13.40 percent [+]
Consumer Credit 1726091.30 1681841.60 1726091.30 142746.90 KRW Billion [+]
Bank Lending Rate 2.74 2.72 17.01 2.63 percent [+]
Economic Optimism Index 101.00 97.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.35 1.31 1.84 0.54 USD/Liter [+]
Households Debt To GDP 101.10 98.60 101.10 1.40 percent of GDP [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]