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South Korean households hit a record surplus of 147.8 billion USD in 2024, due to reduced spending and low interest rates.
South Korean households saw their surplus fund reach a record high in 2024, totaling 215.5 trillion won (147.8 billion USD), due to weak home demand and reduced spending.
Financial assets, including deposits and securities, rose by 71.3 trillion won, while financial debts grew by 16.3 trillion won.
The Bank of Korea lowered interest rates to 2.75% in February, contributing to the surplus increase.
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Los hogares surcoreanos alcanzaron un superávit récord de 147.800 millones de dólares en 2024, debido a la reducción del gasto y a las bajas tasas de interés.