Nonperforming Loans Statistics in South Korea (2026)
According to World Bank World Development Indicators data, bank nonperforming loans in South Korea came to 0.2% of total gross loans in 2022. Essentially no change from 0.2% in 2021 to 0.2% in 2022. South Korea ranks #1 of 19 economies in East Asia & Pacific on this measure, and #1 of 144 globally.
Key Statistics
- Latest value (2022)
- 0.2% (2022)
- Nonperforming Loans in South Korea as of 2022, the most recent observation in World Bank World Development Indicators data.
- Change since 2021
- 0 pp (2022)
- Essentially no change from 0.2% in 2021 to 0.2% in 2022.
- Earliest value in this dataset (2009)
- 0.6% (2009)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 0.6% in 2009 to 0.2% in 2022.
- Peak value (2012)
- 0.6% (2012)
- Highest value in the available series; the 2022 value is 0.2%.
- Rank in East Asia & Pacific (lower is better; rank 1 = lowest)
- #1 of 19 (2022)
- South Korea ranks 1 of 19 countries in East Asia & Pacific with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #1 of 144 (2022)
- South Korea ranks 1 of 144 countries with data globally. Ranked ascending because lower values are better for this metric.
- East Asia & Pacific average
- 3.6% (2022)
- South Korea (0.2%) is below the average of 3.6% across the 19 countries in East Asia & Pacific with data.
- Domestic credit to private sector (% of GDP) (2024)
- 160.3% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in South Korea (2024)
- 97.9% (2024)
- 97.9% of the population in South Korea used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 51.8 million (2024)
- South Korea had a population of 51.8 million in 2024 (World Bank); shown for scale only.
Trend, 2009–2022
| Year | % of total gross loans | Change |
|---|---|---|
| 2022 | 0.2% | +0.0 pp |
| 2021 | 0.2% | −0.0 pp |
| 2020 | 0.2% | −0.0 pp |
| 2019 | 0.3% | −0.0 pp |
| 2018 | 0.3% | −0.1 pp |
| 2017 | 0.4% | −0.1 pp |
| 2016 | 0.5% | +0.0 pp |
| 2015 | 0.5% | −0.0 pp |
| 2014 | 0.5% | −0.1 pp |
| 2013 | 0.6% | −0.0 pp |
| 2012 | 0.6% | +0.1 pp |
| 2011 | 0.5% | −0.1 pp |
| 2010 | 0.6% | +0.0 pp |
| 2009 | 0.6% | — |
Frequently asked questions
What is the latest figure for bank nonperforming loans in South Korea?
Bank nonperforming loans in South Korea stood at 0.2% of total gross loans in 2022, according to World Bank World Development Indicators data.
When did nonperforming loans in South Korea peak?
The highest value in the available series was 0.6% in 2012; the latest (2022) value is 0.2%.
How recent is the nonperforming loans data for South Korea?
The most recent observation is from 2022. World Bank World Development Indicators data is reported with a lag, so 2022 is the latest available year for South Korea.
Where does the nonperforming loans data for South Korea come from?
The data comes from the World Bank World Development Indicators (indicator FB.AST.NPER.ZS). The latest observation for South Korea is from 2022; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.AST.NPER.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .