Condominium complexes in Seoul. (Yonhap)
South Korea’s common per capita family web belongings rose 9.1% from a yr earlier to 274.7 million gained in 2025, pushed by beneficial properties in monetary belongings and better housing costs.
Based mostly on the preliminary 2025 steadiness sheet launched collectively by the Financial institution of Korea and the Ministry of Information and Statistics on Wednesday, the web price of households and non-profit establishments serving households on the finish of 2025 was 14.2 quadrillion gained.
This quantity, divided by the projected inhabitants of 51.68 million, results in a per capita family web asset of 274.7 million gained, rising by 22.91 million gained (9.1%). Utilizing the 2025 common alternate price of 1,422 gained to the greenback, the quantity interprets to roughly US$193,000.
On the finish of 2024, the determine for Korea stood at US$185,000, making it larger than that of Japan (US$172,000) and decrease than that of the US (US$514,000), Australia (US$422,000), Canada (US$297,000), Germany (US$267,000), France (US$235,000) and the UK (US$204,000).
Common web belongings, which had been calculated by dividing the web belongings of households and non-profit establishments by the estimated complete of twenty-two.39 million households, rose by 7.9% from the yr earlier than, standing at 634.3 million gained. As soon as transformed by the common alternate price for 2025, the quantity stands at US$446,000.
On the finish of 2024, Korea’s quantity stood at US$431,000, making it across the similar degree as that of Japan (US$392,000). As soon as once more, it was decrease than that of the US, Australia, Canada, Germany, France and the UK.
A breakdown of the web belongings of households and non-profit establishments confirmed that housing accounted for 50.4% (50.9% in 2024), non-housing monetary belongings accounted for 23.0% (23.7% in 2024), money and deposits for 18.9% (19.4% in 2024), different monetary belongings similar to insurance coverage and pensions for 13.3% (12.1% in 2024), and fairness securities and funding funds for 11.5% (8.5%).
Essentially the most notable distinction will be seen in belongings in fairness securities and funding funds, which, pushed by the bull market, elevated by 525 trillion gained, in comparison with a lower of 14 trillion gained in 2024.
Korea’s complete nationwide web wealth — together with households, non-profit organizations, companies, and the federal government — reached 24.56 quadrillion gained on the finish of final yr, a rise of 531 trillion gained (2.2%) from a yr earlier. Nevertheless, the tempo of progress slowed from 5.0% recorded within the earlier yr.
The nation’s actual property belongings, comprising residential and non-residential buildings in addition to land, totaled 17.84 quadrillion gained, up 709 trillion gained (4.1%) yr on yr. Consequently, actual property accounted for 76.6% of South Korea’s non-financial belongings, edging up from 76.3% a yr earlier
The market worth of South Korea’s housing inventory rose extra sharply. On the finish of final yr, the overall market capitalization of residential properties stood at 7.71 quadrillion gained, rising by 571 trillion gained (8.0%) from the earlier yr. That marked a quicker price of progress than the three.9% improve recorded a yr earlier.
By area, Seoul had the most important housing market, with a complete housing worth of two.89 quadrillion gained, adopted by Gyeonggi Province at 2.19 quadrillion gained, Busan at 398 trillion gained, and Incheon at 341 trillion gained.
Seoul additionally posted the strongest annual improve in housing values, rising 15.9%. It was adopted by Gyeonggi Province with 6.3%, Sejong Metropolis with 5.0% and Ulsan with 4.0%.
By Kim Younger-bae, senior workers author
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