Korea Ranks 22nd in Per-Capita Financial Assets

  • Arirang News

    October 12, 2017 09:24

    The average Korean had financial assets worth 28,180 euros or about US$33,000 last year, a recent study by German insurance giant Allianz Group found. That places Korea 22nd out of 53 countries.

    The figure includes cash, bank deposits, stock holdings, pensions and insurance funds held by each individual, minus personal debt.

    On a more worrying note, Korea's debt per capita was more than $28,500, the second highest in Asia after Singapore.

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