Provisions to nonperforming loans (%) in Korea
Korea: Provisions to nonperforming loans (%) was 47.2% in 2020. ◆ Volatile
Provisions to nonperforming loans in Korea, 1998–2020
Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for provisions to nonperforming loans in Korea is 47.2%, measured in 2020.
That represents a change of down 3.8% on the previous year and up 21.1% over ten years.
Over the whole period, provisions to nonperforming loans in Korea peaked at 205.2% in 2007 and was at its lowest, 30.1%, in 2013.
Korea ranks 105th of 140 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Provisions to nonperforming loans (%) in Korea, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 46.2% | — |
| 1999 | 66.6% | +44.2% |
| 2002 | 89.6% | +34.5% |
| 2003 | 84.0% | -6.2% |
| 2004 | 104.5% | +24.4% |
| 2005 | 131.4% | +25.7% |
| 2006 | 175.2% | +33.3% |
| 2007 | 205.2% | +17.1% |
| 2008 | 48.4% | -76.4% |
| 2009 | 46.1% | -4.8% |
| 2010 | 39.0% | -15.4% |
| 2011 | 38.7% | -0.7% |
| 2012 | 41.2% | +6.3% |
| 2013 | 30.1% | -26.8% |
| 2014 | 36.9% | +22.6% |
| 2015 | 48.8% | +32.1% |
| 2016 | 51.6% | +5.8% |
| 2017 | 49.5% | -4.0% |
| 2018 | 46.1% | -6.8% |
| 2019 | 49.1% | +6.4% |
| 2020 | 47.2% | -3.8% |
Korea compared with similar countries
- Korea's 47.2% is below the median for high income countries, which is 51.6%, 92% of the median. (55 countries reporting)
- Korea's 47.2% is below the median for East Asia & Pacific, which is 48.3%, 98% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 56.4% | 46.2% | 66.6% | 2 |
| 2000s | 110.5% | 46.1% | 205.2% | 8 |
| 2010s | 43.1% | 30.1% | 51.6% | 10 |
| 2020s | 47.2% | 47.2% | 47.2% | 1 |
Countries ranked near Korea
More financial sector data for 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 provisions to nonperforming loans in Korea?
- Provisions to nonperforming loans in Korea was 47.2% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
- What is the highest provisions to nonperforming loans recorded in Korea?
- The highest recorded value was 205.2% in 2007.
- What is the lowest provisions to nonperforming loans recorded in Korea?
- The lowest recorded value was 30.1% in 2013.
- How does Korea rank for provisions to nonperforming loans?
- Korea ranks 105th out of 140 countries with data for 2020.
- Is provisions to nonperforming loans rising or falling in Korea?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.
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About this data
Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.