*Millionaires are defined here as individuals who conduct transactions with domestic banks and have financial assets of one billion South Korean won or more.
1,000 South Korean won equals 0.83 U.S. dollars or 0.74 euros as of March 2022.
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Millionaire households with debt South Korea 2020, by value of debt
According to a survey conducted in South Korea in December 2020, about ** percent of millionaires who reported being in debt said their debts were between 100 and *** million South Korean won. While the average debt of the millionaires surveyed was about *** million South Korean won, about ** percent of the respondents reported having no debt.
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Hana Institute of Finance. (March 8, 2021). Share of millionaire households with debt in South Korean in 2020, by value of debt (in million South Korean won) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 05, 2026, from /statistics/1296474/south-korea-millionaire-households-with-debt-by-value-of-debt/
Hana Institute of Finance. "Share of millionaire households with debt in South Korean in 2020, by value of debt (in million South Korean won)." Chart. March 8, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 05, 2026. /statistics/1296474/south-korea-millionaire-households-with-debt-by-value-of-debt/
Hana Institute of Finance. (2021). Share of millionaire households with debt in South Korean in 2020, by value of debt (in million South Korean won). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 05, 2026. /statistics/1296474/south-korea-millionaire-households-with-debt-by-value-of-debt/
Hana Institute of Finance. "Share of Millionaire Households with Debt in South Korean in 2020, by Value of Debt (in Million South Korean Won)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 8 Mar 2021, /statistics/1296474/south-korea-millionaire-households-with-debt-by-value-of-debt/
Hana Institute of Finance, Share of millionaire households with debt in South Korean in 2020, by value of debt (in million South Korean won) ÌÇÐÄÆƽâ°æ, /statistics/1296474/south-korea-millionaire-households-with-debt-by-value-of-debt/ (last visited August 05, 2026)
Share of millionaire households with debt in South Korean in 2020, by value of debt (in million South Korean won) [Graph], Hana Institute of Finance, March 8, 2021. [Online]. Available: /statistics/1296474/south-korea-millionaire-households-with-debt-by-value-of-debt/
