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Non-Performing Loans (As % of Total Loans) in South Korea

Source: IMF
Last Updated: August 10, 2025

Non-performing loans as a share of bank loans reached 0.264% in 2023 in South Korea, according to the National Central Bank. This is 8.88% more than in the previous year.

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.

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