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Tuesday, July 23, 2024

Rising debt

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Korea's household debt-to-GDP ratio reached 108.12 percent ratio last year, up from 92 percent in 2017, according to the recent data by the International Monetary Fund. Promotional banners for loans are displayed in front of a bank in Seoul on Tuesday. [YONHAP]
Korea’s household debt-to-GDP ratio reached 108.12 percent ratio last year, up from 92 percent in 2017, according to the recent data by the International Monetary Fund. Promotional banners for loans are displayed in front of a bank in Seoul on Tuesday. [YONHAP]