Foreign bank assets among total bank assets (%) in South Korea
South Korea: Foreign bank assets among total bank assets (%) was 7.0% in 2013. ▼ Falling
Foreign bank assets among total bank assets in South Korea, 2005–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign bank assets among total bank assets in South Korea stood at 7.0%. That is the lowest value across all 9 years on record.
The figure is down 56.2% over ten years.
Over the whole period, foreign bank assets among total bank assets in South Korea peaked at 16.0% in 2005 and was at its lowest, 7.0%, in 2012.
South Korea ranks 97th of 128 countries on this measure, in the bottom quarter.
Foreign bank assets among total bank assets (%) in South Korea, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 16.0% | — |
| 2006 | 13.0% | -18.8% |
| 2007 | 12.0% | -7.7% |
| 2008 | 13.0% | +8.3% |
| 2009 | 12.0% | -7.7% |
| 2010 | 11.0% | -8.3% |
| 2011 | 8.0% | -27.3% |
| 2012 | 7.0% | -12.5% |
| 2013 | 7.0% | +0.0% |
South Korea compared with similar countries
- South Korea's 7.0% is below the median for high income countries, which is 23.0%, 30% of the median. (51 countries reporting)
- South Korea's 7.0% is above the median for East Asia & Pacific, which is 7.0%, 1.0× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.2% | 12.0% | 16.0% | 5 |
| 2010s | 8.2% | 7.0% | 11.0% | 4 |
Countries ranked near South Korea
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is foreign bank assets among total bank assets in South Korea?
- Foreign bank assets among total bank assets in South Korea was 7.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in South Korea?
- The highest recorded value was 16.0% in 2005.
- What is the lowest foreign bank assets among total bank assets recorded in South Korea?
- The lowest recorded value was 7.0% in 2012.
- How does South Korea rank for foreign bank assets among total bank assets?
- South Korea ranks 97th out of 128 countries with data for 2013.
- Is foreign bank assets among total bank assets rising or falling in South Korea?
- Over the last ten years it is down 56.2%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.