24Peaks / Asia / South Korea / Savings Rate and Household Debt Levels

South Korea - Savings Rate and Household Debt Levels 35

World Bank WDI · updated 2026-10-15 · 180 economies tracked

Latest value

35 (2025)

Global rank

#n/a of 180 economies

vs global median

1.5×

Growth since 1976

1.35×

Ranking Race — Savings Rate and Household Debt Levels

1 = global #1 · lower value ranks higher

#1#26#51#76#101#126#15119601970198019902000201020202025#38#892024 overtook Saudi Arabia2025 overtook Thailand
South KoreaSAO Tome and PrincipeSudanSeychellesMalawi

Real annual global ranks, 1960 - 2025. South Korea climbed from #38 to #89 (overtook Saudi Arabia). Gaps in a lane = missing data that year.

Key events for South Korea ↓

Key Events — South Korea

Auto-detected from rank data + curated milestones

1977
Fell 26 places in global rank auto
1997
IMF crisis curated

Currency crisis forces an IMF bailout and deep restructuring.

1999
V-shaped recovery curated

Rapid reform-driven rebound from the Asian crisis.

2009
Global crisis slowdown curated

Export slump hits growth before a fast recovery.

2020
COVID-19 management curated

Economy contracts slightly while exports stay resilient.

2024
Overtook Saudi Arabia in global rank auto
2025
Overtook Thailand in global rank auto
2025
Climbed 39 places in global rank auto

Savings Rate and Household Debt Levels, 1976-2025

World Bank WDI · % · linear scale · ranking in the race above
19761986199620062016202525.4231.0236.6142.21
Free: latest value, global rank and the ranking race. Subscribers unlock full history, multi-country comparison and export — sign up or login.