Non-performing loans as a share of bank loans rose 8.88% to 0.264% in South Korea in 2023, according to the National Central Bank.
Historically, non-performing loans as a share of bank loans in South Korea reached an all time high of 0.594% in 2012 and an all time low of 0.233% in 2021.
South Korea has been ranked 118th within the group of 118 countries we follow in terms of non-performing loans as a share of bank loans.
| Non-Performing Loans (As % of Total Loans) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Cambodia | % | ... | ... | ... | ... | ... | ... | 1.99% | 1.55% | 1.82% | 1.74% | 2.71% | ||||||||||
| China | % | ... | ... | ... | ... | ... | ... | 1.83% | 1.86% | 1.84% | 1.73% | 1.63% | ||||||||||
| India | % | ... | ... | ... | ... | ... | 9.46% | 9.23% | 7.94% | 6.54% | 4.81% | |||||||||||
| Japan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Laos | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| North Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Russia | % | ... | ... | ... | ... | 9.75% | 8.83% | 8.16% | 6.10% | 5.51% | ... | |||||||||||
| South Korea | % | ... | ... | ... | ... | 0.254% | 0.251% | 0.249% | 0.233% | 0.242% | ... | |||||||||||
| Thailand | % | ... | ... | 3.08% | 3.13% | 3.23% | 3.11% | 2.84% | ||||||||||||||
| USA | % | ... | ... | ... | ... | ... | 0.913% | 0.855% | 1.07% | 0.813% | 0.716% | ... | ||||||||||
| Vietnam | % | ... | ... | ... | ... | 2.13% | 1.77% | 1.87% | 1.60% | 2.32% | ... |
Helgi Library 
