SeoulMarkets · tag
korea household debt
3 stories tagged “korea household debt”, each from official Korean data with its source and timestamp.
Korea's credit stress is in companies, not households
Bank loan delinquency, Dec 2023 to Jul 2026: corporate loans went 0.4% to 0.8%, a doubling. Household loans went 0.3% to 0.4%. The series everyone writes about is the one that moved least.
Korea's household debt quadrupled in 24 years. Who holds it barely changed.
Household credit went from ₩464.7t in 2002 to ₩2019.8t in 2026Q2 — 4.35 times. Commercial banks held 47.8% then and 50.6% now. The real swing was elsewhere.
Korean men now carry 14% more mortgage debt than women — in 2013 the gap was 1%
Bank of Korea borrower-level data: mortgage balance per borrower was ₩91.6m for men and ₩90.4m for women in 2013. By 2026Q2 it is ₩170.2m against ₩149.3m — a gap that widened in 47 of 53 quarters.