Statizoid

Women can open a bank account in the same way as men in South Korea

South Korea: Women can open a bank account in the same way as men was 1 (1=yes; 0=no) in 2023. ▬ Flat

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 1970
All-time low
1 (1=yes; 0=no)
in 1970
Years of data
54
1970–2023

Women can open a bank account in the same way as men in South 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

South Korea recorded 1 (1=yes; 0=no) for women can open a bank account in the same way as men in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, women can open a bank account in the same way as men in South Korea peaked at 1 (1=yes; 0=no) in 1970 and was at its lowest, 1 (1=yes; 0=no), in 1970.

That places South Korea 1st out of 188 countries with data for 2023, putting it in the top 10%.

Women can open a bank account in the same way as men in South Korea, year by year

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

South Korea compared with similar countries

  • South 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)
  • South Korea's 1 (1=yes; 0=no) is above the median for East Asia & Pacific, which is 1 (1=yes; 0=no), 1.0× the median. (28 countries reporting)

Averages by decade

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

Countries ranked near South Korea

  1. 1 Afghanistan 1 (1=yes; 0=no) compare
  2. 1 Albania 1 (1=yes; 0=no) compare
  3. 1 Algeria 1 (1=yes; 0=no) compare
  4. 1 Angola 1 (1=yes; 0=no) compare
  5. 1 Antigua and Barbuda 1 (1=yes; 0=no) compare
  6. 1 Argentina 1 (1=yes; 0=no) compare
  7. 1 Armenia 1 (1=yes; 0=no) compare
  8. 1 Australia 1 (1=yes; 0=no) compare
  9. 1 Austria 1 (1=yes; 0=no) compare
  10. 1 Azerbaijan 1 (1=yes; 0=no) compare
  11. 1 Bahamas 1 (1=yes; 0=no) compare
  12. 1 Bahrain 1 (1=yes; 0=no) compare
  13. 1 Bangladesh 1 (1=yes; 0=no) compare
  14. 1 Barbados 1 (1=yes; 0=no) compare
  15. 1 Belarus 1 (1=yes; 0=no) compare
  16. 1 Belgium 1 (1=yes; 0=no) compare
  17. 1 Belize 1 (1=yes; 0=no) compare
  18. 1 Benin 1 (1=yes; 0=no) compare
  19. 1 Bhutan 1 (1=yes; 0=no) compare
  20. 1 Bolivia 1 (1=yes; 0=no) compare
  21. 1 Bosnia and Herzegovina 1 (1=yes; 0=no) compare
  22. 1 Botswana 1 (1=yes; 0=no) compare
  23. 1 Brazil 1 (1=yes; 0=no) compare
  24. 1 Brunei 1 (1=yes; 0=no) compare
  25. 1 Bulgaria 1 (1=yes; 0=no) compare
  26. 1 Burkina Faso 1 (1=yes; 0=no) compare
  27. 1 Burundi 1 (1=yes; 0=no) compare
  28. 1 Cambodia 1 (1=yes; 0=no) compare
  29. 1 Canada 1 (1=yes; 0=no) compare
  30. 1 Cape Verde 1 (1=yes; 0=no) compare
  31. 1 Central African Republic 1 (1=yes; 0=no) compare
  32. 1 Chile 1 (1=yes; 0=no) compare
  33. 1 China 1 (1=yes; 0=no) compare
  34. 1 Colombia 1 (1=yes; 0=no) compare
  35. 1 Comoros 1 (1=yes; 0=no) compare
  36. 1 Congo 1 (1=yes; 0=no) compare
  37. 1 Costa Rica 1 (1=yes; 0=no) compare
  38. 1 Cote d'Ivoire 1 (1=yes; 0=no) compare
  39. 1 Croatia 1 (1=yes; 0=no) compare
  40. 1 Cyprus 1 (1=yes; 0=no) compare
  41. 1 Czechia 1 (1=yes; 0=no) compare
  42. 1 Democratic Republic of Congo 1 (1=yes; 0=no) compare
  43. 1 Denmark 1 (1=yes; 0=no) compare
  44. 1 Djibouti 1 (1=yes; 0=no) compare
  45. 1 Dominica 1 (1=yes; 0=no) compare
  46. 1 Dominican Republic 1 (1=yes; 0=no) compare
  47. 1 East Timor 1 (1=yes; 0=no) compare
  48. 1 Ecuador 1 (1=yes; 0=no) compare
  49. 1 Egypt 1 (1=yes; 0=no) compare
  50. 1 El Salvador 1 (1=yes; 0=no) compare
  51. 1 Eritrea 1 (1=yes; 0=no) compare
  52. 1 Estonia 1 (1=yes; 0=no) compare
  53. 1 Ethiopia 1 (1=yes; 0=no) compare
  54. 1 Fiji 1 (1=yes; 0=no) compare
  55. 1 Finland 1 (1=yes; 0=no) compare
  56. 1 France 1 (1=yes; 0=no) compare
  57. 1 Gabon 1 (1=yes; 0=no) compare
  58. 1 Gambia 1 (1=yes; 0=no) compare
  59. 1 Georgia 1 (1=yes; 0=no) compare
  60. 1 Germany 1 (1=yes; 0=no) compare
  61. 1 Ghana 1 (1=yes; 0=no) compare
  62. 1 Greece 1 (1=yes; 0=no) compare
  63. 1 Grenada 1 (1=yes; 0=no) compare
  64. 1 Guatemala 1 (1=yes; 0=no) compare
  65. 1 Guinea 1 (1=yes; 0=no) compare
  66. 1 Guyana 1 (1=yes; 0=no) compare
  67. 1 Haiti 1 (1=yes; 0=no) compare
  68. 1 Honduras 1 (1=yes; 0=no) compare
  69. 1 Hong Kong 1 (1=yes; 0=no) compare
  70. 1 Hungary 1 (1=yes; 0=no) compare
  71. 1 Iceland 1 (1=yes; 0=no) compare
  72. 1 India 1 (1=yes; 0=no) compare
  73. 1 Indonesia 1 (1=yes; 0=no) compare
  74. 1 Iran 1 (1=yes; 0=no) compare
  75. 1 Iraq 1 (1=yes; 0=no) compare
  76. 1 Ireland 1 (1=yes; 0=no) compare
  77. 1 Israel 1 (1=yes; 0=no) compare
  78. 1 Italy 1 (1=yes; 0=no) compare
  79. 1 Jamaica 1 (1=yes; 0=no) compare
  80. 1 Japan 1 (1=yes; 0=no) compare
  81. 1 Jordan 1 (1=yes; 0=no) compare
  82. 1 Kazakhstan 1 (1=yes; 0=no) compare
  83. 1 Kenya 1 (1=yes; 0=no) compare
  84. 1 Kiribati 1 (1=yes; 0=no) compare
  85. 1 Kuwait 1 (1=yes; 0=no) compare
  86. 1 Kyrgyzstan 1 (1=yes; 0=no) compare
  87. 1 Laos 1 (1=yes; 0=no) compare
  88. 1 Latvia 1 (1=yes; 0=no) compare
  89. 1 Lebanon 1 (1=yes; 0=no) compare
  90. 1 Lesotho 1 (1=yes; 0=no) compare
  91. 1 Liberia 1 (1=yes; 0=no) compare
  92. 1 Libya 1 (1=yes; 0=no) compare
  93. 1 Lithuania 1 (1=yes; 0=no) compare
  94. 1 Luxembourg 1 (1=yes; 0=no) compare
  95. 1 Madagascar 1 (1=yes; 0=no) compare
  96. 1 Malawi 1 (1=yes; 0=no) compare
  97. 1 Malaysia 1 (1=yes; 0=no) compare
  98. 1 Maldives 1 (1=yes; 0=no) compare
  99. 1 Mali 1 (1=yes; 0=no) compare
  100. 1 Malta 1 (1=yes; 0=no) compare
  101. 1 Marshall Islands 1 (1=yes; 0=no) compare
  102. 1 Mauritania 1 (1=yes; 0=no) compare
  103. 1 Mauritius 1 (1=yes; 0=no) compare
  104. 1 Mexico 1 (1=yes; 0=no) compare
  105. 1 Micronesia (country) 1 (1=yes; 0=no) compare
  106. 1 Moldova 1 (1=yes; 0=no) compare
  107. 1 Mongolia 1 (1=yes; 0=no) compare
  108. 1 Montenegro 1 (1=yes; 0=no) compare
  109. 1 Morocco 1 (1=yes; 0=no) compare
  110. 1 Mozambique 1 (1=yes; 0=no) compare
  111. 1 Myanmar 1 (1=yes; 0=no) compare
  112. 1 Namibia 1 (1=yes; 0=no) compare
  113. 1 Nepal 1 (1=yes; 0=no) compare
  114. 1 Netherlands 1 (1=yes; 0=no) compare
  115. 1 New Zealand 1 (1=yes; 0=no) compare
  116. 1 Nicaragua 1 (1=yes; 0=no) compare
  117. 1 Nigeria 1 (1=yes; 0=no) compare
  118. 1 North Macedonia 1 (1=yes; 0=no) compare
  119. 1 Norway 1 (1=yes; 0=no) compare
  120. 1 Oman 1 (1=yes; 0=no) compare
  121. 1 Pakistan 1 (1=yes; 0=no) compare
  122. 1 Palau 1 (1=yes; 0=no) compare
  123. 1 Palestine 1 (1=yes; 0=no) compare
  124. 1 Panama 1 (1=yes; 0=no) compare
  125. 1 Papua New Guinea 1 (1=yes; 0=no) compare
  126. 1 Paraguay 1 (1=yes; 0=no) compare
  127. 1 Peru 1 (1=yes; 0=no) compare
  128. 1 Philippines 1 (1=yes; 0=no) compare
  129. 1 Poland 1 (1=yes; 0=no) compare
  130. 1 Portugal 1 (1=yes; 0=no) compare
  131. 1 Puerto Rico 1 (1=yes; 0=no) compare
  132. 1 Qatar 1 (1=yes; 0=no) compare
  133. 1 Romania 1 (1=yes; 0=no) compare
  134. 1 Russia 1 (1=yes; 0=no) compare
  135. 1 Rwanda 1 (1=yes; 0=no) compare
  136. 1 Saint Kitts and Nevis 1 (1=yes; 0=no) compare
  137. 1 Saint Lucia 1 (1=yes; 0=no) compare
  138. 1 Saint Vincent and the Grenadines 1 (1=yes; 0=no) compare
  139. 1 Samoa 1 (1=yes; 0=no) compare
  140. 1 San Marino 1 (1=yes; 0=no) compare
  141. 1 Sao Tome and Principe 1 (1=yes; 0=no) compare
  142. 1 Saudi Arabia 1 (1=yes; 0=no) compare
  143. 1 Senegal 1 (1=yes; 0=no) compare
  144. 1 Serbia 1 (1=yes; 0=no) compare
  145. 1 Seychelles 1 (1=yes; 0=no) compare
  146. 1 Sierra Leone 1 (1=yes; 0=no) compare
  147. 1 Singapore 1 (1=yes; 0=no) compare
  148. 1 Slovakia 1 (1=yes; 0=no) compare
  149. 1 Slovenia 1 (1=yes; 0=no) compare
  150. 1 Solomon Islands 1 (1=yes; 0=no) compare
  151. 1 Somalia 1 (1=yes; 0=no) compare
  152. 1 South Africa 1 (1=yes; 0=no) compare
  153. 1 South Sudan 1 (1=yes; 0=no) compare
  154. 1 Spain 1 (1=yes; 0=no) compare
  155. 1 Sri Lanka 1 (1=yes; 0=no) compare
  156. 1 Sudan 1 (1=yes; 0=no) compare
  157. 1 Suriname 1 (1=yes; 0=no) compare
  158. 1 Sweden 1 (1=yes; 0=no) compare
  159. 1 Switzerland 1 (1=yes; 0=no) compare
  160. 1 Syria 1 (1=yes; 0=no) compare
  161. 1 Tajikistan 1 (1=yes; 0=no) compare
  162. 1 Tanzania 1 (1=yes; 0=no) compare
  163. 1 Thailand 1 (1=yes; 0=no) compare
  164. 1 Togo 1 (1=yes; 0=no) compare
  165. 1 Tonga 1 (1=yes; 0=no) compare
  166. 1 Trinidad and Tobago 1 (1=yes; 0=no) compare
  167. 1 Tunisia 1 (1=yes; 0=no) compare
  168. 1 Turkey 1 (1=yes; 0=no) compare
  169. 1 Uganda 1 (1=yes; 0=no) compare
  170. 1 Ukraine 1 (1=yes; 0=no) compare
  171. 1 United Arab Emirates 1 (1=yes; 0=no) compare
  172. 1 United Kingdom 1 (1=yes; 0=no) compare
  173. 1 United States 1 (1=yes; 0=no) compare
  174. 1 Uruguay 1 (1=yes; 0=no) compare
  175. 1 Uzbekistan 1 (1=yes; 0=no) compare
  176. 1 Vanuatu 1 (1=yes; 0=no) compare
  177. 1 Venezuela 1 (1=yes; 0=no) compare
  178. 1 Vietnam 1 (1=yes; 0=no) compare
  179. 1 Yemen 1 (1=yes; 0=no) compare
  180. 1 Zambia 1 (1=yes; 0=no) compare
  181. 1 Zimbabwe 1 (1=yes; 0=no) compare

See the full ranking of 188 places →

More gender data for South Korea

All data for South Korea →

Frequently asked questions

What is women can open a bank account in the same way as men in South Korea?
Women can open a bank account in the same way as men in South 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 women can open a bank account in the same way as men recorded in South Korea?
The highest recorded value was 1 (1=yes; 0=no) in 1970.
What is the lowest women can open a bank account in the same way as men recorded in South Korea?
The lowest recorded value was 1 (1=yes; 0=no) in 1970.
How does South Korea rank for women can open a bank account in the same way as men?
South Korea ranks 1st out of 188 countries with data for 2023.
Is women can open a bank account in the same way as men rising or falling in South Korea?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this South 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 Women can open a bank account in the same way as men. Statizoid updates them automatically from the source API.

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Women can open a bank account in the same way as men in South Korea. Statizoid, drawing on Women, Business and the Law; World Bank – processed by Our World in Data. Retrieved 09 November 2026, from https://gender.statizoid.com/stat/women-can-open-bank-account-same-as-men/korea-rep/

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About this data

Indicator
Women can open a bank account in the same way as 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 does not limit women’s ability to open a bank account, whether they are married or unmarried, and they do not need approval beyond what is required of men.