Non-performing loans net of provisions to capital in Republic of Korea

Republic of Korea: Non-performing loans net of provisions to capital was 0.9% in 2023. ▼ Falling

Latest (2023)
0.9%
Change on year
down 22.4%
World rank
127th
of 155 countries
All-time high
3.2%
in 2013
All-time low
0.9%
in 2023
Years of data
15
2009–2023

Non-performing loans net of provisions to capital in Republic of Korea, 2009–2023

11.522.532009201620232009: 2.5 %2010: 2.9 %2011: 2.5 %2012: 2.8 %2013: 3.2 %2014: 2.5 %2015: 2 %2016: 1.9 %2017: 1.5 %2018: 1.2 %2019: 1.1 %2020: 1.1 %2021: 1.2 %2022: 1.2 %2023: 0.945 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2023, non-performing loans net of provisions to capital in Republic of Korea stood at 0.9%. That is the lowest value across all 15 years on record.

The figure is down 22.4% on the previous year and down 70.7% over ten years.

Over the whole period, non-performing loans net of provisions to capital in Republic of Korea peaked at 3.2% in 2013 and was at its lowest, 0.9%, in 2023.

That places Republic of Korea 127th out of 155 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 15 years of available data.

Non-performing loans net of provisions to capital in Republic of Korea, year by year

Annual values for Non-performing loans net of provisions to capital (%) in Republic of Korea, 2009 to 2023.
Year % Change
2009 2.5%
2010 2.9% +15.8%
2011 2.5% -12.0%
2012 2.8% +13.4%
2013 3.2% +13.2%
2014 2.5% -21.3%
2015 2.0% -22.5%
2016 1.9% -3.6%
2017 1.5% -20.5%
2018 1.2% -22.2%
2019 1.1% -5.2%
2020 1.1% +1.9%
2021 1.2% +7.6%
2022 1.2% +0.1%
2023 0.9% -22.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.5% 2.5% 2.5% 1
2010s 2.2% 1.1% 3.2% 10
2020s 1.1% 0.9% 1.2% 4

Countries ranked near Republic of Korea

  1. 125 Saudi Arabia 1.7% compare
  2. 126 Djibouti 1.5% compare
  3. 127 Republic of Korea 0.9% compare
  4. 129 Montserrat 0.8% compare
  5. 130 Lithuania 0.7% compare

See the full ranking of 158 places →

More development goals data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is non-performing loans net of provisions to capital in Republic of Korea?
Non-performing loans net of provisions to capital in Republic of Korea was 0.9% in 2023, according to United Nations Statistics Division, SDG Global Database.
What is the highest non-performing loans net of provisions to capital recorded in Republic of Korea?
The highest recorded value was 3.2% in 2013.
What is the lowest non-performing loans net of provisions to capital recorded in Republic of Korea?
The lowest recorded value was 0.9% in 2023.
How does Republic of Korea rank for non-performing loans net of provisions to capital?
Republic of Korea ranks 127th out of 155 countries with data for 2023.
Is non-performing loans net of provisions to capital rising or falling in Republic of Korea?
Over the last ten years it is down 70.7%. The long-run trend across the full record is falling.
Where does this Republic of Korea data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.

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Non-performing loans net of provisions to capital in Republic of Korea. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 September 2026, from https://development-goals.statizoid.com/stat/non-performing-loans-net-of-provisions-to-capital-percent/korea-rep/

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About this data

Indicator
Non-performing loans net of provisions to capital (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
158 places, 2,337 data points, 2000–2025
Last refreshed