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Distribution of household debt among millionaires in South Korea in 2024, by type

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Source

Release date

December 2024

Region

South Korea

Survey time period

July 31 to September 6, 2024

Number of respondents

400 millionaires*

Age group

20 years and older

Method of interview

Face-to-face interview

Supplementary notes

4Millionaires are defined here as individuals who have financial assets of one billion South Korean won or more. 


1,000 South Korean won equals 0.68 U.S. dollars or 0.66 euros as of January 2025. 

Citation formats

Household debt of millionaires South Korea 2024, by type

Published by Zeynep Dierks, Jan 21, 2025

According to a survey conducted in South Korea in 2024, security deposits accounted for around **** percent of the household debt of millionaires in South Korea, followed by financial liabilities at around **** percent.

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Statistics on " Millionaires in South Korea "

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Overview

6

Demographics

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Source of wealth

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Net worth

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Debt and savings

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Investments

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Public perception

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