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  • [Monitor] Household debt burden surges to highest
    [Monitor] Household debt burden surges to highest
    A quarterly report by the Bank for International Settlements showed that the debt-service ratio for the households in South Korea reached 12.5 percent, up 0.7 percentage points from a year ago in the first quarter this year.This is the highest level since the first quarter in 1999 when the relevant data started to be collected.
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[Monitor] Household debt burden surges to highest

Sept. 24, 2017 - 16:28 By Korea Herald

A quarterly report by the Bank for International Settlements showed that the debt-service ratio for the households in South Korea reached 12.5 percent, up 0.7 percentage points from a year ago in the first quarter this year.

This is the highest level since the first quarter in 1999 when the relevant data started to be collected.
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