South Koreans’ appetite for nonfinancial assets such as real estate is still high compared to other major economies, although their stock investments increased during the pandemic.
As of 2019, financial assets account for 35.6 percent in the wealth of South Koreans was 35.6 percent, significantly lower than those in the US with 71.9 percent, Japan with 62.1 percent, the UK with 54.8 percent, and Australia with 43 percent, according to the Korea Financial Investment Association.
Among those relying the most on nonfinancial assets are the South Koreans at 64.4 percent, followed by Australians with 57 percent, the Japanese at 37.9 percent, and Americans with 28.1 percent.
A stock buying spree driven by small domestic investors during the pandemic-hit market last year dubbed the Donghak Ant Movement, helped South Koreans increase the volume of their stock investments.
The ratio rose by 4 percentage points from a year ago to 19.4 percent.
The number of financial assets compared to GDP in South Korea marked the lowest among the five countries with 235.9 percent, over 100 percent lower from Japan, with 339.1 percent.
While South Korea’s nominal GDP stood at 1,924.5 trillion won, its household wealth marked 4,539.4 trillion won last year.


SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback
Google Secures Pentagon AI Deal for Classified Projects
Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
From NIMBY to YIMBY: How localized real estate investment trusts can help address Canada’s housing crisis
Oil Prices Slip Amid UAE’s OPEC Exit and Ongoing Iran Conflict Concerns
BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns
Oil Price Forecasts Rise for 2026 as Middle East Supply Risks Persist
European Stocks Slip as U.S.-Iran Tensions and Earnings Season Weigh on Markets
Dollar Strengthens as US-Iran Tensions and Central Bank Decisions Drive Currency Markets
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector
UK Housing Market Slows Amid Tax Hike Concerns
UK cities need greener new builds – and more of them 



