Data / Bank nonperforming loans / South Korea

Bank nonperforming loans in South Korea

Bank nonperforming loans in South Korea was 0.26% in 2023, according to the World Bank. That is up 0.02 pts from 2022. That is the 138th highest of 138 countries in 2023.

20230.26%
Change on 2022+0.02 pts
Rank138th of 138Countries ranked
Series high0.592012
Series low0.232021

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Bank nonperforming loans in South Korea, 2009 to 2023

0.20.30.40.50.6200920122015201820232009: 0.58 %2010: 0.59 %2011: 0.48 %2012: 0.59 %2013: 0.57 %2014: 0.49 %2015: 0.46 %2016: 0.47 %2017: 0.35 %2018: 0.25 %2019: 0.25 %2020: 0.25 %2021: 0.23 %2022: 0.24 %2023: 0.26 %0.20.30.40.50.620092014201920232009: 0.58 %2010: 0.59 %2011: 0.48 %2012: 0.59 %2013: 0.57 %2014: 0.49 %2015: 0.46 %2016: 0.47 %2017: 0.35 %2018: 0.25 %2019: 0.25 %2020: 0.25 %2021: 0.23 %2022: 0.24 %2023: 0.26 %
%. Source: World Bank, Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS). Retrieved 2026-10-12, published 2026-10-08.
All 15 values
Period%
20230.26
20220.24
20210.23
20200.25
20190.25
20180.25
20170.35
20160.47
20150.46
20140.49
20130.57
20120.59
20110.48
20100.59
20090.58

South Korea compared with nearby places

United Arab Emirates: 5.31 %Antigua and Barbuda: 5.98 %Albania: 4.56 %Armenia: 2.15 %Angola: 10.2 %Argentina: 3.55 %Austria: 2.53 %Australia: 0.85 %Azerbaijan: 1.93 %Bosnia and Herzegovina: 3.82 %Bangladesh: 9.57 %Belgium: 1.82 %Bulgaria: 3.62 %Burundi: 2.77 %Bolivia: 2.85 %Brazil: 2.84 %Bhutan: 2.38 %Botswana: 3.67 %Belarus: 5.05 %Belize: 3.94 %Canada: 0.45 %Democratic Republic of the Congo: 6.56 %Central African Republic: 16.22 %Republic of the Congo: 15.22 %Switzerland: 0.76 %Chile: 2.1 %Cameroon: 12.89 %China: 1.59 %Colombia: 3.47 %Costa Rica: 1.96 %Cyprus: 6.11 %Czechia: 1.21 %Germany: 1.54 %Djibouti: 4.01 %Denmark: 1.72 %Dominican Republic: 0.93 %Algeria: 20.88 %Ecuador: 4.72 %Estonia: 1.08 %Spain: 3.06 %Finland: 1.29 %France: 2.06 %Gabon: 7.58 %United Kingdom: 0.97 %Georgia: 2.52 %Ghana: 20.58 %Guinea: 8.91 %Equatorial Guinea: 31.15 %Greece: 5.96 %Guatemala: 1.75 %Hong Kong: 1.2 %Honduras: 2.06 %Croatia: 3.6 %Hungary: 3.19 %Indonesia: 1.96 %Ireland: 1.27 %Israel: 0.97 %India: 3.36 %Iraq: 14.66 %Iceland: 1.58 %Italy: 2.71 %Jordan: 6.87 %Kenya: 12.34 %Kyrgyzstan: 8.92 %Cambodia: 5.13 %South Korea: 0.26 %Kuwait: 1.42 %Kazakhstan: 2.89 %Sri Lanka: 13.11 %Lesotho: 3.84 %Lithuania: 0.44 %Luxembourg: 1.86 %Latvia: 2.43 %Morocco: 8.48 %Moldova: 5.56 %Montenegro: 5.78 %Madagascar: 7.74 %North Macedonia: 2.67 %Mongolia: 5.08 %Mauritius: 5.31 %Malawi: 5.1 %Mexico: 2.08 %Malaysia: 1.65 %Mozambique: 8.23 %Namibia: 5.79 %Nigeria: 4.38 %Nicaragua: 1.54 %Netherlands: 1.55 %Norway: 0.38 %Nepal: 3.78 %Panama: 2.57 %Peru: 4.48 %Papua New Guinea: 5.42 %Philippines: 3.19 %Pakistan: 6.63 %Poland: 2.32 %Palestine: 3.42 %Portugal: 3.14 %Paraguay: 3.01 %Romania: 2.9 %Russia: 4.51 %Rwanda: 4.64 %Saudi Arabia: 1.51 %Solomon Islands: 9.39 %Sweden: 0.38 %Slovenia: 1.52 %Slovakia: 1.99 %Somalia: 2.27 %El Salvador: 1.77 %Eswatini: 6.87 %Chad: 31.51 %Thailand: 2.76 %Türkiye: 1.48 %Trinidad and Tobago: 2.8 %Tanzania: 4.19 %Ukraine: 37.35 %Uganda: 4.5 %United States: 0.85 %Uruguay: 1.65 %Uzbekistan: 3.45 %Vietnam: 5.41 %Samoa: 5.37 %South Africa: 4.72 %Zambia: 4.22 %
  • Under 1.5
  • 1.5 to 2.3
  • 2.3 to 3.3
  • 3.3 to 4.6
  • 4.6 to 6.9
  • 6.9 and over
  • No data
Bank nonperforming loans, 2023, %. South Korea is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Nonperforming loans as a percentage of total gross loans. A loan is nonperforming when it is at least 90 days overdue or is unlikely to be repaid in full without realizing collateral.

Compiled by WDI from IMF Financial Soundness Indicators. Reporting methods can differ across countries and years. The latest year varies by country, and missing World values remain absent.

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How to cite

World Bank, World Development Indicators. Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS). https://data.worldbank.org/indicator/FB.AST.NPER.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS) (Bank nonperforming loans, South Korea, 2009 to 2023) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/FB.AST.NPER.ZS

MLA 9

Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS), Bank nonperforming loans, South Korea, 2009 to 2023. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/FB.AST.NPER.ZS. Invokely, https://invokely.ai/en/bank-nonperforming-loans/south-korea. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS). Bank nonperforming loans, South Korea, 2009 to 2023. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/FB.AST.NPER.ZS. Also distributed by Invokely, https://invokely.ai/en/bank-nonperforming-loans/south-korea.

Harvard

World Bank (2026) Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS), Bank nonperforming loans, South Korea, 2009 to 2023 [Dataset]. Available at: https://data.worldbank.org/indicator/FB.AST.NPER.ZS, via Invokely: https://invokely.ai/en/bank-nonperforming-loans/south-korea (Accessed: 12 October 2026).

BibTeX
@misc{world_bank_nonperforming_loans_south_2023,
  author = {{World Bank}},
  title = {{Bank nonperforming loans to total gross loans (\%) (FB.AST.NPER.ZS): Bank nonperforming loans, South Korea, 2009 to 2023}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/FB.AST.NPER.ZS},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/bank-nonperforming-loans/south-korea. Publisher attribution: World Bank, World Development Indicators. Bank nonperforming loans to total gross loans (\%) (FB.AST.NPER.ZS). https://data.worldbank.org/indicator/FB.AST.NPER.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS): Bank nonperforming loans, South Korea, 2009 to 2023
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/FB.AST.NPER.ZS
L2  - https://invokely.ai/en/bank-nonperforming-loans/south-korea
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/bank-nonperforming-loans/south-korea.
N1  - Publisher attribution: World Bank, World Development Indicators. Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS). https://data.worldbank.org/indicator/FB.AST.NPER.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER  -
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Questions

What is the bank nonperforming loans in South Korea?

Bank nonperforming loans in South Korea was 0.26% in 2023, according to the World Bank. That is up 0.02 pts from 2022. That is the 138th highest of 138 countries in 2023.

Where does this figure come from?

World Bank. Bank nonperforming loans to total gross loans (%) (FB.AST.NPER.ZS). Retrieved by Invokely on 2026-10-12.

What was the highest bank nonperforming loans in South Korea?

0.59% in 2012, the highest value since 2009 in this series.

Bank nonperforming loans in other countries

Related statistics for South Korea

All statistics for South Korea | South Korea in figures