SEOUL, Dec. 4 (Xinhua) -- South Korean households' net assets grew from April 2024 to March 2025 due to faster expansion in assets than debt, joint government data showed Thursday.
Households' net assets, or assets minus debt, averaged 471.44 million won (320,510 U.S. dollars) at the end of March this year, up 5.0 percent from a year earlier, according to joint data by the Ministry of Data and Statistics, the Bank of Korea, and the Financial Supervisory Service.
The average assets advanced 4.9 percent to 566.78 million won (385,330 dollars), while the average debt gained 4.4 percent to 95.34 million won (64,820 dollars).
Financial assets rose 2.3 percent to 136.90 million won (93,070 dollars), and non-financial assets mounted 5.8 percent to 429.88 million won (292,260 dollars).
Financial debt swelled 2.4 percent to 67.95 million won (46,200 dollars), and security deposit soared 10.0 percent to 27.39 million won (18,620 dollars).
The average proportion of debt to assets for households slid 0.1 percentage point to 16.8 percent in the cited period. ■