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Mortgage Loans (Local Currency) in South Korea

Source: IMF
Last Updated: September 10, 2024

Mortgage loans reached KRW 484,516 bil in second quarter of 2023 in South Korea, according to the National Central Bank. This is 7.94% more than in the previous quarter.

Historically, mortgage loans in South Korea reached an all time high of KRW 484,516 bil in 2Q2023 and an all time low of KRW 241,577 bil in 1Q2009.

South Korea has been ranked 3rd within the group of 98 countries we follow in terms of mortgage loans.

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