[Korea sinyuncheol financial newspaper reporter] indicator, the ratio of household debt to disposable income than "representing a debt burden of households (household chaebiyul) showed a nearly 180%. While household debt is increasing rapidly, the economic downturn in household incomes will fall mimihae debt repayment ability of households gradually.
Democratic lawmakers around the neck, with the (Political Affairs Committee) appeared as a result, the ratio of household debt by the Bank of Korea analyzed the announced '2016 funding cycle trends' data is skipped 29 days to 178.9%. That soared 10 percentage points from the end of 2015 169%, and 19.4% point rise over the past four years.
Chaebiyul households fell by 5.8% credit card crisis point in the early 2000s in the aftermath of 124.8% in 2002 to 119% in 2004. After rising for 12 years it has been down since 2005.
To compare the level of household debt across countries, individual net disposable income in the national accounts; utilizes your personal debt ratio (NDI less household income) compared to financial circulation trends. The official statistics of the OECD household debt has also been released through this indicator.
Poles Bank of Korea's capital circulation trends household was counted as the end of last year 1,565,810,000,000,000 won. 142.74 trillion won (10%) compared to 2015 the increase in value. Poles households rose to 95.6% of the total annual GDP (1637 4208 one trillion won).
Whereas household income was aggregated 875.3659 trillion won increase of 4% compared to the previous year. Household debt compared to household income ratio it will surge 169% in 2015, 10 percentage points to 178.9%. East indicators in household credit (1344 trillion) basis rose by 153.4%.
The higher the ratio is due to the increase in debt width keotgi much more of household income. Poles against household year increased 10% (142.74 trillion won), but household income mere increase of 4% (33.5132 trillion won). Household debt is four times more French than I increased income.
Korea's household chaebiyul is internationally very high level. The high state at least 44% points higher than the OECD 30 countries, an average 135%. Moreover, the major industrialized countries such as the US or the UK I have lowered considerably since the ratio of the width to the global financial crisis in 2008, Korea was rather rise by 40 percentage points. Since the global financial crisis, Korean growth rate of household chaebiyul is the highest among OECD countries was higher than the national bankruptcy in Greece driven.
The first around the neck Senator, "the government is coming up Jiro was rather ceiling would reduce the household chaebiyul up to 155% by 2017," he said, "Park Geunhye government increased the household poles 411 trillion won increase per household average of two debt of 12 million won for four years." he said.
The lawmakers, increasing the debt of households dependent sikigetda the match government threw a bomb in household debt, but criticized that failed completely. He stressed that the new government's example in writing 'debt' is not fundamentally change the economic policy as 'income' center must resolve household debt issue first.
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