Are South Korean households finally borrowing less? | Video
South Korean households are among the world's biggest borrowers - with their debts amounting to more than 100 per cent of the country's entire economic output. But in 2022, it declined for the first time in 18 years. Lim Yun-suk explains.
South Korean households are among the world's biggest borrowers - with their debts amounting to more than 100 per cent of the country's entire economic output. But in 2022, it declined for the first time in 18 years. Lim Yun-suk explains.