South Korea - Household Debt Ratio
Since 2014, South Korea Household Debt Ratio increased 3.1points year on year. At 189.76 Percent in 2019, the country was ranked number 8 comparing other countries in Household Debt Ratio. South Korea is overtaken by Sweden, which was ranked number 7 with 190.03 Percent and is followed by Canada at 187.09 Percent. Denmark lead the ranking with 281.63 Percent in 2019, that is a decrease of 0.3points versus 2018. Netherlands, Norway and Australia respectively ranked number 2, 3 and 4 in this ranking. Slovakia witnessed the best average annual growth at +5.4points per year, while Ireland recorded the worst performance at -5.5points per year.
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| Date | Percent |
|---|---|
| 2019 | 189.76 |
| 2018 | 186.90 |
| 2017 | 185.88 |
| 2016 | 180.39 |
| 2015 | 169.03 |
Download all data from 2008 to 2019
How does South Korea rank in Household Debt Ratio?
| # | 34 Countries | Percent | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Denmark
|
281.63 % | 2019 | -0.3 % | -1.6 % | View data | |
| 2 |
#2
Netherlands
|
244.07 % | 2019 | -0.1 % | -0.7 % | View data | |
| 7 |
#7
Sweden
|
190.03 % | 2019 | +1.8 % | +2.2 % | View data | |
| 8 |
#8
South Korea
|
189.76 % | 2019 | +1.5 % | +3.1 % | View data | |
| 9 |
#9
Canada
|
187.09 % | 2019 | +1.4 % | +1.7 % | View data | |