The Bank of Korea’s Q4 2024 household credit statistics show total household credit outstanding rose by KRW 13.0 trillion over the quarter to KRW 1,927.3 trillion at end-December 2024, comprising KRW 1,807.0 trillion in household loans (up KRW 10.6 trillion) and KRW 120.3 trillion in merchandise credits (up KRW 2.4 trillion).
Bank of Korea 2025-02-18
Bank of Korea reports household credit outstanding rose KRW 13.0 trillion in Q4 2024 to KRW 1,927.3 trillion
The Bank of Korea reported that total household credit outstanding increased by KRW 13.0 trillion in Q4 2024, reaching KRW 1,927.3 trillion by the end of December. This includes KRW 1,807.0 trillion in household loans and KRW 120.3 trillion in merchandise credits.