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Why Is Korean Household Debt So High, and Is It Falling?

November 1, 2026 by WHY KOREANS ARE
Rows of lit windows in a Korean apartment complex at dusk, a symbol of mortgage-financed housing

Korean household debt is 171% of disposable income, among the highest in the OECD, yet its share of GDP fell to 81.1% in 2026. Here is why and what it means.

Categories Money Tags Bank of Korea, DSR, household debt, jeonse, Korean economy, mortgage, stressed DSR Leave a comment
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