Outstanding Deposits, Commercial Banks, of Which: Household Sector in South Korea
South Korea: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 980.32 trillion in 2024. ▲ Rising
Outstanding Deposits, Commercial Banks, of Which: Household Sector in South Korea, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding deposits, commercial banks, of which: household sector in South Korea is 980.32 trillion, measured in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 84.8% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in South Korea peaked at 980.32 trillion in 2024 and was at its lowest, 295.65 trillion, in 2007.
South Korea ranks 1st of 127 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 312.01 trillion | — |
| 2005 | 317.98 trillion | +1.9% |
| 2006 | 318.31 trillion | +0.1% |
| 2007 | 295.65 trillion | -7.1% |
| 2008 | 326.62 trillion | +10.5% |
| 2009 | 360.53 trillion | +10.4% |
| 2010 | 414.47 trillion | +15.0% |
| 2011 | 445.44 trillion | +7.5% |
| 2012 | 470.80 trillion | +5.7% |
| 2013 | 501.70 trillion | +6.6% |
| 2014 | 530.54 trillion | +5.7% |
| 2015 | 559.20 trillion | +5.4% |
| 2016 | 580.73 trillion | +3.8% |
| 2017 | 600.11 trillion | +3.3% |
| 2018 | 618.44 trillion | +3.1% |
| 2019 | 668.95 trillion | +8.2% |
| 2020 | 739.59 trillion | +10.6% |
| 2021 | 787.75 trillion | +6.5% |
| 2022 | 853.81 trillion | +8.4% |
| 2023 | 925.98 trillion | +8.5% |
| 2024 | 980.32 trillion | +5.9% |
South Korea compared with similar countries
- South Korea's 980.32 trillion is above the median for high income countries, which is 396.25 billion, 2474.0× the median. (51 countries reporting)
- South Korea's 980.32 trillion is above the median for East Asia & Pacific, which is 294.80 billion, 3325.3× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 321.85 trillion | 295.65 trillion | 360.53 trillion | 6 |
| 2010s | 539.04 trillion | 414.47 trillion | 668.95 trillion | 10 |
| 2020s | 857.49 trillion | 739.59 trillion | 980.32 trillion | 5 |
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 outstanding deposits, commercial banks, of which: household sector in South Korea?
- Outstanding deposits, commercial banks, of which: household sector in South Korea was 980.32 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in South Korea?
- The highest recorded value was 980.32 trillion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in South Korea?
- The lowest recorded value was 295.65 trillion in 2007.
- How does South Korea rank for outstanding deposits, commercial banks, of which: household sector?
- South Korea ranks 1st out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in South Korea?
- Over the last ten years it is up 84.8%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.