Although household loans have decreased in recent months, it has been revealed that Korea's household debt is the largest among the 36 major countries in the world.
While the household debt-to-GDP ratio in major countries such as the United States and Japan fell by more than 4 percentage points from a year ago, the decline rate in Korea was only 0.7 percentage points.
On the contrary, corporate debt increased, reaching the second-largest rate of increase in the world.
As of the first quarter of this year by the International Finance Association, as of the first quarter of this year, Korea had the highest household debt-to-GDP ratio of 36 countries at 104.3%.
It was followed by Lebanon with 97.8%, Hong Kong with 95.3%, and Thailand with 89.7%, followed by Korea with 83.9%, the United States with 76.1%, and Japan with 59.7%.
Among the countries surveyed, Korea was the only country where household debt exceeded GDP.
Considering the size of the economy, the debt ratio and growth rate of Korean companies are also at the top.
The debt ratio of Korean companies rose 5.5 percentage points from 111.3 to 116.8 percent in one year, which is the second largest figure among 36 countries surveyed after Vietnam, which increased by 10.9 percentage points.