Households Debt in South Korea increased to 96 percent of GDP in the second quarter of 2018 from 95.20 percent of GDP in the first quarter of 2018. Households Debt To GDP in South Korea averaged 40.02 percent of GDP from 1962 until 2018, reaching an all time high of 96 percent of GDP in the second quarter of 2018 and a record low of 1.40 percent of GDP in the fourth quarter of 1964.
Households Debt To GDP in South Korea is expected to be 95.80 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 96.80 in 12 months time. In the long-term, the South Korea Households Debt To GDP is projected to trend around 96.90 percent of GDP in 2020, according to our econometric models.