{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"kr-retirement-savings-assets-gdp","url":"https://apiardata.com/statistics/kr-retirement-savings-assets-gdp","html_url":"https://apiardata.com/statistics/kr-retirement-savings-assets-gdp/","title":"South Korea Total Retirement Savings Assets (% of GDP) (2024)","description":"South Korea's Total Retirement Savings Assets (% of GDP): 31.8 % of GDP in 2024, +0.8pp YoY. OECD (OECD.DAF.CM:DSD_FP@DF_FPS), 2002–2024.","domain":"macro","category":"Economy & Macro","keywords":["Economy & Macro","OECD","South Korea","2024"],"publisher":"OECD","frequency":"Annual","geography":"South Korea","temporal_coverage":"2002/2024","unit":"% of GDP","last_updated":"2026-07-27","last_updated_text":"27 July 2026","data_as_of":"2024","variable_measured":"South Korea Total Retirement Savings Assets (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"OECD","url":"https://data-explorer.oecd.org/vis?fs[0]=Topic%2C0%7CFinancial+sector%23FIN%23&pg=0&fc=Topic&bp=true&snb=10"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2002–2024"},{"label":"Observations","value":"22"},{"label":"Geography","value":"South Korea"},{"label":"Last updated","value":"27 July 2026"}],"kpis":[{"label":"South Korea (2024)","value":"31.8","unit":"% of GDP","trend":{"direction":"up","value":"+0.8pp YoY"}},{"label":"YoY Change","value":"+0.8pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"22","unit":"years of data"}],"series":[{"key":"value","label":"South Korea Total Retirement Savings Assets (% of GDP)"}],"observation_count":22,"observations":[{"period":"2002","value":6.298},{"period":"2003","value":6.561},{"period":"2004","value":6.738},{"period":"2005","value":7.063},{"period":"2006","value":6.282},{"period":"2007","value":6.289},{"period":"2008","value":6.526},{"period":"2009","value":8.131},{"period":"2010","value":13.282},{"period":"2011","value":15.286},{"period":"2012","value":17.746},{"period":"2013","value":19.668},{"period":"2014","value":21.933},{"period":"2015","value":23.124},{"period":"2016","value":24.024},{"period":"2017","value":24.663},{"period":"2018","value":25.349},{"period":"2020","value":29.617},{"period":"2021","value":29.615},{"period":"2022","value":29.454},{"period":"2023","value":30.986},{"period":"2024","value":31.841}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"Change"}],"rows":[{"year":"2024","value":"31.8","yoyChange":"+0.8pp"},{"year":"2023","value":"31.0","yoyChange":"+1.5pp"},{"year":"2022","value":"29.5","yoyChange":"-0.1pp"},{"year":"2021","value":"29.6","yoyChange":"unchanged"},{"year":"2020","value":"29.6","yoyChange":"n/a"},{"year":"2018","value":"25.3","yoyChange":"+0.6pp"},{"year":"2017","value":"24.7","yoyChange":"+0.7pp"},{"year":"2016","value":"24.0","yoyChange":"+0.9pp"},{"year":"2015","value":"23.1","yoyChange":"+1.2pp"},{"year":"2014","value":"21.9","yoyChange":"+2.2pp"},{"year":"2013","value":"19.7","yoyChange":"+2pp"},{"year":"2012","value":"17.7","yoyChange":"+2.4pp"},{"year":"2011","value":"15.3","yoyChange":"+2pp"},{"year":"2010","value":"13.3","yoyChange":"+5.2pp"},{"year":"2009","value":"8.1","yoyChange":"+1.6pp"},{"year":"2008","value":"6.5","yoyChange":"+0.2pp"},{"year":"2007","value":"6.3","yoyChange":"unchanged"},{"year":"2006","value":"6.3","yoyChange":"-0.8pp"},{"year":"2005","value":"7.1","yoyChange":"+0.4pp"},{"year":"2004","value":"6.7","yoyChange":"+0.1pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks assets held across every asset-backed pension provider — pension funds, book reserves, pension insurance contracts, banks and investment companies as a share of GDP in South Korea from 2000 to present. Pension asset depth reflects long-term institutional capital available for capital market investment. It is published by OECD and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. OECD typically publishes this series with a lag of several months after the reference period. The series runs 2002–2024 (22 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 31.8 % of GDP in 2024 and reached its lowest recorded value of 6.3 in 2006. The latest reading of 31.8 in 2024 represents a change of +0.8pp."}]}