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Korea’s household debt-to-income ratio hits 9-year high in 2012

Posted on 24 April 2013

The ratio of South Korea’s household debt against disposable income rose to the highest level in nine years in 2012 as debt grew at a faster pace than income amid the economic slowdown, central bank data showed Wednesday.
The ratio of households’ debt against their disposable income came in at 136 percent in 2012, slightly up from 134 percent in the previous year, according to data by the Bank of Korea (BOK)………………………………………..Full Article: Source


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