South Korea Life Insurance: BS: Assets: ABL
2023 - 2024 | Monthly | KRW mn | Korea Life Insurance Association
South Korea Life Insurance: BS: Assets: ABL data was reported at 2,310,371.000 KRW mn in Feb 2025. This records an increase from the previous number of 2,299,654.000 KRW mn for Jan 2025. South Korea Life Insurance: BS: Assets: ABL data is updated monthly, averaging 2,389,042.000 KRW mn from Mar 2023 (Median) to Feb 2025, with 24 observations. The data reached an all-time high of 2,461,520.000 KRW mn in Jul 2023 and a record low of 2,274,172.000 KRW mn in Dec 2024. South Korea Life Insurance: BS: Assets: ABL data remains active status in CEIC and is reported by Korea Life Insurance Association. The data is categorized under Global Database’s South Korea – Table KR.RG003: Life Insurance: IFRS 17: Balance Sheet and Income Statement.
View South Korea's South Korea Life Insurance: BS: Assets: ABL from Mar 2023 to Nov 2024 in the chart:
What was South Korea's South Korea Life Insurance: BS: Assets: ABL in Nov 2024?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2,288,967.000 Nov 2024 | 2,309,448.000 Oct 2024 | 2,280,839.000 Oct 2023 | 2,461,520.000 Jul 2023 | KRW mn | monthly | Mar 2023 - Nov 2024 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 70,250.328 2028 | yearly | 1980 - 2028 |
| Forecast: Nominal GDP Per Capita (USD) | 41,380.693 2028 | yearly | 1980 - 2028 |
| Forecast: Real GDP Growth (%) | 2.340 2027 | yearly | 1980 - 2027 |
| GDP Deflator Growth (%) | 1.4 Mar 2023 | quarterly | Mar 1961 - Mar 2023 |
| GDP per Capita (USD) | 36,113.000 2024 | yearly | 1953 - 2024 |
| Gross Fixed Capital Formation (USD mn) | 138,913.678 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Gross National Product (GNP) (USD mn) | 486,925.148 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Gross Savings Rate (%) | 34.0 Dec 2022 | quarterly | Mar 1970 - Dec 2022 |
| Investment: % of GDP (%) | 30.9 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Nominal GDP (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Nominal GDP Growth (%) | 5.415 Dec 2024 | quarterly | Mar 1961 - Dec 2024 |
| Private Consumption Expenditure (USD mn) | 222,690.037 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Private Consumption: % of GDP (%) | 47.7 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Public Consumption Expenditure (USD mn) | 79,656.652 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Public Consumption: % of GDP (%) | 16.4 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Real GDP Growth (%) | 1.3 Dec 2022 | quarterly | Mar 1961 - Dec 2022 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 85.733 Dec 2024 | quarterly | Mar 1960 - Dec 2024 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Gold Production (kg) | 128.000 2022 | yearly | 1990 - 2022 |
| Industrial Production Index Growth (%) | 3.6 Jan 2025 | monthly | Jan 1958 - Jan 2025 |
| Minerals Production (Metric Ton) | 5,520,318.000 2022 | yearly | 2009 - 2022 |
| Motor Vehicle Production (Unit) | 4,243,597.000 2023 | yearly | 1997 - 2023 |
| Silver Production (Metric Ton) | 5.800 2021 | yearly | 1986 - 2021 |
| Construction and Properties | Last | Frequency | Range |
|---|---|---|---|
| Building Permits (Unit) | 7,417.000 Jan 2025 | monthly | Oct 1979 - Jan 2025 |
| House Prices Growth (%) | -0.2 Feb 2025 | monthly | Jan 1987 - Feb 2025 |
| Nominal Residential Property Price Index (2010=100) | 142.344 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
| Nominal Residential Property Price Index Growth (%) | -0.357 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Real Residential Property Price Index (2010=100) | 107.433 Sep 2024 | quarterly | Mar 1975 - Sep 2024 |
| Real Residential Property Price Index Growth (%) | -2.360 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.1 Dec 2024 | quarterly | Jun 2000 - Dec 2024 |
| Forecast: Government Expenditure (KRW bn) | 700,035.486 2029 | yearly | 1995 - 2029 |
| Forecast: Government Net Debt (KRW bn) | 1,793,717.560 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (KRW bn) | 701,179.384 2029 | yearly | 1995 - 2029 |
| Government Debt: % of GDP (%) | 45.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| National Government Debt (USD mn) | 874,032.3 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
| Tax Revenue (USD mn) | 32,089.423 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Consolidated Fiscal Balance (USD mn) | 9,321.082 Jan 2025 | monthly | Jul 1999 - Jan 2025 |
| Tax Revenue: % of GDP (%) | 12.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Employed Persons (Person) | 28,788,000.000 Feb 2025 | monthly | Jan 1983 - Feb 2025 |
| Forecast: Employment (Person mn) | 28.727 2024 | yearly | 1980 - 2024 |
| Forecast: Population (Person mn) | 51.305 2028 | yearly | 1980 - 2028 |
| Forecast: Unemployment Rate (%) | 3.000 2029 | yearly | 1980 - 2029 |
| Labour Force Participation Rate (%) | 63.7 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
| Labour Productivity Growth (%) | 1.01 Dec 2024 | quarterly | Sep 1983 - Dec 2024 |
| Monthly Earnings (USD) | 3,200 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Population (Person mn) | 51.8 2024 | yearly | 1956 - 2024 |
| Unemployment Rate (%) | 2.70 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
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