Bank concentration in South Korea
South Korea: Bank concentration was 56.3% in 2021. ▼ Falling
Bank concentration in South Korea, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank concentration in South Korea is 56.3%, measured in 2021.
The figure is down 0.2% on the previous year and up 9.7% over ten years.
Over the whole period, bank concentration in South Korea peaked at 100.0% in 2000 and was at its lowest, 49.8%, in 2013.
That places South Korea 133rd out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100.0% | 100.0% | 100.0% | 2 |
| 2010s | 59.4% | 49.8% | 82.1% | 10 |
| 2020s | 56.4% | 56.3% | 56.4% | 2 |
Countries ranked near South Korea
More financial sector data for South Korea
- Domestic credit to private sector by banks 160.3% (2024)
- Total reserves in months of imports 6.46 (2025)
- Net domestic credit 5,011.74 trillion current LCU (2024)
- Net foreign assets 627.85 trillion current LCU (2024)
- Monetary Sector credit to private sector 160.3% (2024)
- Broad money 162.7% (2024)
- Claims on central government, etc. 3.4% (2024)
- Domestic credit to private sector 160.3% (2024)
- Official exchange rate 1,422 LCU per US$, period average (2025)
- Net migration 65,731 (2025)
Frequently asked questions
- What is bank concentration in South Korea?
- Bank concentration in South Korea was 56.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in South Korea?
- The highest recorded value was 100.0% in 2000.
- What is the lowest bank concentration recorded in South Korea?
- The lowest recorded value was 49.8% in 2013.
- How does South Korea rank for bank concentration?
- South Korea ranks 133rd out of 169 countries with data for 2021.
- Is bank concentration rising or falling in South Korea?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.