Non-performing loans to total gross loans (%) in South Korea
South Korea: Non-performing loans to total gross loans (%) was 0.3% in 2023. ▼ Falling
Non-performing loans to total gross loans in South Korea, 2009–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, non-performing loans to total gross loans in South Korea stood at 0.3%.
Compared with earlier readings it is up 8.9% on the previous year and down 53.8% over ten years.
Over the whole period, non-performing loans to total gross loans in South Korea peaked at 0.6% in 2012 and was at its lowest, 0.2%, in 2021.
That places South Korea 155th out of 156 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 to total gross loans (%) in South Korea, year by year
| Year | % | Change |
|---|---|---|
| 2009 | 0.6% | — |
| 2010 | 0.6% | +0.6% |
| 2011 | 0.5% | -17.7% |
| 2012 | 0.6% | +22.7% |
| 2013 | 0.6% | -4.0% |
| 2014 | 0.5% | -14.5% |
| 2015 | 0.5% | -6.3% |
| 2016 | 0.5% | +2.7% |
| 2017 | 0.4% | -24.9% |
| 2018 | 0.3% | -27.8% |
| 2019 | 0.3% | -1.3% |
| 2020 | 0.2% | -0.8% |
| 2021 | 0.2% | -6.3% |
| 2022 | 0.2% | +3.8% |
| 2023 | 0.3% | +8.9% |
South Korea compared with similar countries
- South Korea's 0.3% is below the median for high income countries, which is 2.1%, 13% of the median. (53 countries reporting)
- South Korea's 0.3% is below the median for East Asia & Pacific, which is 3.3%, 8% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.6% | 0.6% | 1 |
| 2010s | 0.5% | 0.3% | 0.6% | 10 |
| 2020s | 0.2% | 0.2% | 0.3% | 4 |
Countries ranked near South Korea
- 152 Sweden 0.5% compare
- 153 Norway 0.5% compare
- 154 Liechtenstein 0.4%
- 155 Republic of Korea 0.3% compare
More development goals data for South Korea
- Red List Index 0.7105 index (2025)
- Number of refugees per 100,000 population, by country of origin 0.2284 per 100,000 people (2025)
- Manufacturing value added per capita 10,025 constant US$ (2025)
- Number of transboundary breeds 49 (2025)
- Number of transboundary breeds (not extinct) 49 (2025)
- Number of transboundary breeds with unknown risk status 15 (2025)
- Number of local breeds with unknown risk status 18 (2025)
- Number of local breeds (not extinct) 86 (2025)
- Number of local breeds kept in the country 86 (2025)
- Infant deaths 556 (2024)
Frequently asked questions
- What is non-performing loans to total gross loans in South Korea?
- Non-performing loans to total gross loans in South Korea was 0.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in South Korea?
- The highest recorded value was 0.6% in 2012.
- What is the lowest non-performing loans to total gross loans recorded in South Korea?
- The lowest recorded value was 0.2% in 2021.
- How does South Korea rank for non-performing loans to total gross loans?
- South Korea ranks 155th out of 156 countries with data for 2023.
- Is non-performing loans to total gross loans rising or falling in South Korea?
- Over the last ten years it is down 53.8%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under UN SDG Global Database (open, attribution requested).