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Equal access to financial services for women and men in Korea

Korea: Equal access to financial services for women and men was 1 (1=yes; 0=no) in 2023. ◆ Volatile

Latest (2023)
1 (1=yes; 0=no)
Change on year
unchanged
World rank
1st
of 188 countries
All-time high
1 (1=yes; 0=no)
in 2021
All-time low
0 (1=yes; 0=no)
in 1970
Years of data
54
1970–2023

Equal access to financial services for women and men in Korea, 1970–2023

00.20.40.60.81197019962023

Source: Women, Business and the Law; World Bank – processed by Our World in Data. Measured in (1=yes; 0=no).

Analysis

Korea recorded 1 (1=yes; 0=no) for equal access to financial services for women and men in 2023. That is the highest value across all 54 years on record.

Over the whole period, equal access to financial services for women and men in Korea peaked at 1 (1=yes; 0=no) in 2021 and was at its lowest, 0 (1=yes; 0=no), in 1970.

Korea ranks 1st of 188 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Equal access to financial services for women and men in Korea, year by year

Year (1=yes; 0=no) Change
1970 0 (1=yes; 0=no) —
1971 0 (1=yes; 0=no) —
1972 0 (1=yes; 0=no) —
1973 0 (1=yes; 0=no) —
1974 0 (1=yes; 0=no) —
1975 0 (1=yes; 0=no) —
1976 0 (1=yes; 0=no) —
1977 0 (1=yes; 0=no) —
1978 0 (1=yes; 0=no) —
1979 0 (1=yes; 0=no) —
1980 0 (1=yes; 0=no) —
1981 0 (1=yes; 0=no) —
1982 0 (1=yes; 0=no) —
1983 0 (1=yes; 0=no) —
1984 0 (1=yes; 0=no) —
1985 0 (1=yes; 0=no) —
1986 0 (1=yes; 0=no) —
1987 0 (1=yes; 0=no) —
1988 0 (1=yes; 0=no) —
1989 0 (1=yes; 0=no) —
1990 0 (1=yes; 0=no) —
1991 0 (1=yes; 0=no) —
1992 0 (1=yes; 0=no) —
1993 0 (1=yes; 0=no) —
1994 0 (1=yes; 0=no) —
1995 0 (1=yes; 0=no) —
1996 0 (1=yes; 0=no) —
1997 0 (1=yes; 0=no) —
1998 0 (1=yes; 0=no) —
1999 0 (1=yes; 0=no) —
2000 0 (1=yes; 0=no) —
2001 0 (1=yes; 0=no) —
2002 0 (1=yes; 0=no) —
2003 0 (1=yes; 0=no) —
2004 0 (1=yes; 0=no) —
2005 0 (1=yes; 0=no) —
2006 0 (1=yes; 0=no) —
2007 0 (1=yes; 0=no) —
2008 0 (1=yes; 0=no) —
2009 0 (1=yes; 0=no) —
2010 0 (1=yes; 0=no) —
2011 0 (1=yes; 0=no) —
2012 0 (1=yes; 0=no) —
2013 0 (1=yes; 0=no) —
2014 0 (1=yes; 0=no) —
2015 0 (1=yes; 0=no) —
2016 0 (1=yes; 0=no) —
2017 0 (1=yes; 0=no) —
2018 0 (1=yes; 0=no) —
2019 0 (1=yes; 0=no) —
2020 0 (1=yes; 0=no) —
2021 1 (1=yes; 0=no) —
2022 1 (1=yes; 0=no) +0.0%
2023 1 (1=yes; 0=no) +0.0%

Korea compared with similar countries

  • Korea's 1 (1=yes; 0=no) is above the median for high income countries, which is 1 (1=yes; 0=no), 1.0× the median. (62 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0 (1=yes; 0=no) 0 (1=yes; 0=no) 0 (1=yes; 0=no) 10
1980s 0 (1=yes; 0=no) 0 (1=yes; 0=no) 0 (1=yes; 0=no) 10
1990s 0 (1=yes; 0=no) 0 (1=yes; 0=no) 0 (1=yes; 0=no) 10
2000s 0 (1=yes; 0=no) 0 (1=yes; 0=no) 0 (1=yes; 0=no) 10
2010s 0 (1=yes; 0=no) 0 (1=yes; 0=no) 0 (1=yes; 0=no) 10
2020s 0.75 (1=yes; 0=no) 0 (1=yes; 0=no) 1 (1=yes; 0=no) 4

Countries ranked near Korea

  1. 1 Albania 1 (1=yes; 0=no) compare
  2. 1 Angola 1 (1=yes; 0=no) compare
  3. 1 Australia 1 (1=yes; 0=no) compare
  4. 1 Austria 1 (1=yes; 0=no) compare
  5. 1 Azerbaijan 1 (1=yes; 0=no) compare
  6. 1 Bahrain 1 (1=yes; 0=no) compare
  7. 1 Belgium 1 (1=yes; 0=no) compare
  8. 1 Benin 1 (1=yes; 0=no) compare
  9. 1 Bolivia 1 (1=yes; 0=no) compare
  10. 1 Bosnia and Herzegovina 1 (1=yes; 0=no) compare
  11. 1 Bulgaria 1 (1=yes; 0=no) compare
  12. 1 Burkina Faso 1 (1=yes; 0=no) compare
  13. 1 Cambodia 1 (1=yes; 0=no) compare
  14. 1 Canada 1 (1=yes; 0=no) compare
  15. 1 Cape Verde 1 (1=yes; 0=no) compare
  16. 1 Cote d'Ivoire 1 (1=yes; 0=no) compare
  17. 1 Croatia 1 (1=yes; 0=no) compare
  18. 1 Cyprus 1 (1=yes; 0=no) compare
  19. 1 Czechia 1 (1=yes; 0=no) compare
  20. 1 Democratic Republic of Congo 1 (1=yes; 0=no) compare
  21. 1 Denmark 1 (1=yes; 0=no) compare
  22. 1 Djibouti 1 (1=yes; 0=no) compare
  23. 1 Dominican Republic 1 (1=yes; 0=no) compare
  24. 1 Egypt 1 (1=yes; 0=no) compare
  25. 1 El Salvador 1 (1=yes; 0=no) compare
  26. 1 Estonia 1 (1=yes; 0=no) compare
  27. 1 Ethiopia 1 (1=yes; 0=no) compare
  28. 1 Finland 1 (1=yes; 0=no) compare
  29. 1 France 1 (1=yes; 0=no) compare
  30. 1 Gabon 1 (1=yes; 0=no) compare
  31. 1 Georgia 1 (1=yes; 0=no) compare
  32. 1 Germany 1 (1=yes; 0=no) compare
  33. 1 Greece 1 (1=yes; 0=no) compare
  34. 1 Guinea 1 (1=yes; 0=no) compare
  35. 1 Guyana 1 (1=yes; 0=no) compare
  36. 1 Honduras 1 (1=yes; 0=no) compare
  37. 1 Hong Kong 1 (1=yes; 0=no) compare
  38. 1 Hungary 1 (1=yes; 0=no) compare
  39. 1 Iceland 1 (1=yes; 0=no) compare
  40. 1 Iraq 1 (1=yes; 0=no) compare
  41. 1 Ireland 1 (1=yes; 0=no) compare
  42. 1 Israel 1 (1=yes; 0=no) compare
  43. 1 Italy 1 (1=yes; 0=no) compare
  44. 1 Jordan 1 (1=yes; 0=no) compare
  45. 1 Kenya 1 (1=yes; 0=no) compare
  46. 1 Kyrgyzstan 1 (1=yes; 0=no) compare
  47. 1 Laos 1 (1=yes; 0=no) compare
  48. 1 Latvia 1 (1=yes; 0=no) compare
  49. 1 Lithuania 1 (1=yes; 0=no) compare
  50. 1 Luxembourg 1 (1=yes; 0=no) compare
  51. 1 Maldives 1 (1=yes; 0=no) compare
  52. 1 Malta 1 (1=yes; 0=no) compare
  53. 1 Marshall Islands 1 (1=yes; 0=no) compare
  54. 1 Mauritius 1 (1=yes; 0=no) compare
  55. 1 Mexico 1 (1=yes; 0=no) compare
  56. 1 Moldova 1 (1=yes; 0=no) compare
  57. 1 Mongolia 1 (1=yes; 0=no) compare
  58. 1 Montenegro 1 (1=yes; 0=no) compare
  59. 1 Morocco 1 (1=yes; 0=no) compare
  60. 1 Mozambique 1 (1=yes; 0=no) compare
  61. 1 Netherlands 1 (1=yes; 0=no) compare
  62. 1 New Zealand 1 (1=yes; 0=no) compare
  63. 1 Nicaragua 1 (1=yes; 0=no) compare
  64. 1 North Macedonia 1 (1=yes; 0=no) compare
  65. 1 Paraguay 1 (1=yes; 0=no) compare
  66. 1 Peru 1 (1=yes; 0=no) compare
  67. 1 Philippines 1 (1=yes; 0=no) compare
  68. 1 Poland 1 (1=yes; 0=no) compare
  69. 1 Portugal 1 (1=yes; 0=no) compare
  70. 1 Puerto Rico 1 (1=yes; 0=no) compare
  71. 1 Romania 1 (1=yes; 0=no) compare
  72. 1 Rwanda 1 (1=yes; 0=no) compare
  73. 1 Saudi Arabia 1 (1=yes; 0=no) compare
  74. 1 Serbia 1 (1=yes; 0=no) compare
  75. 1 Sierra Leone 1 (1=yes; 0=no) compare
  76. 1 Slovak Republic 1 (1=yes; 0=no) compare
  77. 1 Slovenia 1 (1=yes; 0=no) compare
  78. 1 South Africa 1 (1=yes; 0=no) compare
  79. 1 Spain 1 (1=yes; 0=no) compare
  80. 1 Sweden 1 (1=yes; 0=no) compare
  81. 1 Tajikistan 1 (1=yes; 0=no) compare
  82. 1 Togo 1 (1=yes; 0=no) compare
  83. 1 Trinidad and Tobago 1 (1=yes; 0=no) compare
  84. 1 Ukraine 1 (1=yes; 0=no) compare
  85. 1 United Arab Emirates 1 (1=yes; 0=no) compare
  86. 1 United Kingdom 1 (1=yes; 0=no) compare
  87. 1 United States 1 (1=yes; 0=no) compare
  88. 1 Uzbekistan 1 (1=yes; 0=no) compare
  89. 1 Vanuatu 1 (1=yes; 0=no) compare
  90. 1 Vietnam 1 (1=yes; 0=no) compare
  91. 1 Zambia 1 (1=yes; 0=no) compare
  92. 1 Zimbabwe 1 (1=yes; 0=no) compare

See the full ranking of 188 places →

More gender data for Korea

All data for Korea →

Frequently asked questions

What is equal access to financial services for women and men in Korea?
Equal access to financial services for women and men in Korea was 1 (1=yes; 0=no) in 2023, according to Women, Business and the Law; World Bank – processed by Our World in Data.
What is the highest equal access to financial services for women and men recorded in Korea?
The highest recorded value was 1 (1=yes; 0=no) in 2021.
What is the lowest equal access to financial services for women and men recorded in Korea?
The lowest recorded value was 0 (1=yes; 0=no) in 1970.
How does Korea rank for equal access to financial services for women and men?
Korea ranks 1st out of 188 countries with data for 2023.
Where does this Korea data come from?
The figures come from Women, Business and the Law; World Bank – processed by Our World in Data, published as part of Equal access to financial services for women and men. Statizoid updates them automatically from the source API.

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Equal access to financial services for women and men in Korea. Statizoid, drawing on Women, Business and the Law; World Bank – processed by Our World in Data. Retrieved 10 November 2026, from https://gender.statizoid.com/stat/discrimination-access-to-credit-gender/korea-rep/

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About this data

Indicator
Equal access to financial services for women and men
Unit
(1=yes; 0=no)
Source
Women, Business and the Law; World Bank – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
188 places, 10,152 data points, 1970–2023
Last refreshed

The law prohibits gender discrimination by banks or other financial institutions, and requires equal treatment of women and men in financial transactions, business activities, financial assistance, and access to goods and services.