Account at financial institution in South Korea

South Korea: Account at financial institution was 96.89 in 2024. ▲ Rising

Latest (2024)
96.89
Change on year
down 1.8%
World rank
23rd
of 115 countries
All-time high
98.67
in 2021
All-time low
93.05
in 2011
Years of data
5
2011–2024

Account at financial institution in South Korea, 2011–2024

0204060801002011201720242011: 932014: 94.42017: 94.92021: 98.72024: 96.9

Source: Our World in Data.

Analysis

South Korea recorded 96.89 for account at financial institution in 2024.

The figure is down 1.8% on the previous year and up 2.7% over ten years.

Over the whole period, account at financial institution in South Korea peaked at 98.67 in 2021 and was at its lowest, 93.05, in 2011.

South Korea ranks 23rd of 115 countries on this measure, in the top quarter.

Account at financial institution in South Korea, year by year

Annual values for Account at financial institution in South Korea, 2011 to 2024.
Year Value Change
2011 93.05 —
2014 94.36 +1.4%
2017 94.85 +0.5%
2021 98.67 +4.0%
2024 96.89 -1.8%

South Korea compared with similar countries

  • South Korea's 96.89 is below the median for high income countries, which is 96.96, 100% of the median. (42 countries reporting)
  • South Korea's 96.89 is above the median for East Asia & Pacific, which is 94.36, 1.0× the median. (14 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 94.09 93.05 94.85 3
2020s 97.78 96.89 98.67 2

Countries ranked near South Korea

  1. 20 New Zealand 97.86 compare
  2. 21 Hong Kong 97.31 compare
  3. 22 United States 97.02 compare
  4. 24 Malta 96.56 compare
  5. 25 Cyprus 96.13 compare
  6. 26 Latvia 94.97 compare

See the full ranking of 115 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is account at financial institution in South Korea?
Account at financial institution in South Korea was 96.89 in 2024, according to Our World in Data.
What is the highest account at financial institution recorded in South Korea?
The highest recorded value was 98.67 in 2021.
What is the lowest account at financial institution recorded in South Korea?
The lowest recorded value was 93.05 in 2011.
How does South Korea rank for account at financial institution?
South Korea ranks 23rd out of 115 countries with data for 2024.
Is account at financial institution rising or falling in South Korea?
Over the last ten years it is up 2.7%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from Our World in Data, published as part of Account at financial institution. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Account at financial institution in South Korea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/account-at-financial-institution/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/account-at-financial-institution/korea-rep/">Account at financial institution in South Korea</a> — Statizoid

About this data

Indicator
Account at financial institution
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
115 places, 575 data points, 2011–2024
Last refreshed