Proportion of youth and adults that did Internet banking, adjusted in Republic of Korea

Republic of Korea: Proportion of youth and adults that did Internet banking, adjusted was 0.917 LPIA in 2023. ▲ Rising

Latest (2023)
0.917 LPIA
Change on year
down 3.5%
World rank
8th
of 41 countries
All-time high
0.9677 LPIA
in 2020
All-time low
0.6075 LPIA
in 2012
Years of data
15
2008–2023

Proportion of youth and adults that did Internet banking, adjusted in Republic of Korea, 2008–2023

00.20.40.60.812008201520232008: 0.656 LPIA2009: 0.648 LPIA2011: 0.613 LPIA2012: 0.607 LPIA2013: 0.64 LPIA2014: 0.747 LPIA2015: 0.767 LPIA2016: 0.811 LPIA2017: 0.849 LPIA2018: 0.826 LPIA2019: 0.89 LPIA2020: 0.968 LPIA2021: 0.932 LPIA2022: 0.951 LPIA2023: 0.917 LPIA

Source: UNESCO Institute for Statistics. Measured in LPIA.

Analysis

In 2023, proportion of youth and adults that did internet banking, adjusted in Republic of Korea stood at 0.917 LPIA.

The figure is down 3.5% on the previous year and up 43.3% over ten years.

Over the whole period, proportion of youth and adults that did internet banking, adjusted in Republic of Korea peaked at 0.9677 LPIA in 2020 and was at its lowest, 0.6075 LPIA, in 2012.

Republic of Korea ranks 8th of 41 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Proportion of youth and adults that did Internet banking, adjusted in Republic of Korea, year by year

Annual values for Proportion of youth and adults that did Internet banking, adjusted location parity index (LPIA) in Republic of Korea, 2008 to 2023.
Year LPIA Change
2008 0.6562 LPIA
2009 0.6482 LPIA -1.2%
2011 0.6127 LPIA -5.5%
2012 0.6075 LPIA -0.9%
2013 0.6401 LPIA +5.4%
2014 0.7468 LPIA +16.7%
2015 0.7667 LPIA +2.7%
2016 0.8111 LPIA +5.8%
2017 0.8494 LPIA +4.7%
2018 0.8258 LPIA -2.8%
2019 0.8904 LPIA +7.8%
2020 0.9677 LPIA +8.7%
2021 0.9318 LPIA -3.7%
2022 0.9505 LPIA +2.0%
2023 0.917 LPIA -3.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.6522 LPIA 0.6482 LPIA 0.6562 LPIA 2
2010s 0.75 LPIA 0.6075 LPIA 0.8904 LPIA 9
2020s 0.9417 LPIA 0.917 LPIA 0.9677 LPIA 4

Countries ranked near Republic of Korea

  1. 5 Switzerland 0.9726 LPIA compare
  2. 6 Malta 0.9289 LPIA compare
  3. 7 Latvia 0.9261 LPIA compare
  4. 9 Spain 0.914 LPIA compare
  5. 10 Czechia 0.9043 LPIA compare
  6. 11 Cyprus 0.9033 LPIA compare

See the full ranking of 41 places →

More education data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is proportion of youth and adults that did internet banking, adjusted in Republic of Korea?
Proportion of youth and adults that did internet banking, adjusted in Republic of Korea was 0.917 LPIA in 2023, according to UNESCO Institute for Statistics.
What is the highest proportion of youth and adults that did internet banking, adjusted recorded in Republic of Korea?
The highest recorded value was 0.9677 LPIA in 2020.
What is the lowest proportion of youth and adults that did internet banking, adjusted recorded in Republic of Korea?
The lowest recorded value was 0.6075 LPIA in 2012.
How does Republic of Korea rank for proportion of youth and adults that did internet banking, adjusted?
Republic of Korea ranks 8th out of 41 countries with data for 2023.
Is proportion of youth and adults that did internet banking, adjusted rising or falling in Republic of Korea?
Over the last ten years it is up 43.3%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from UNESCO Institute for Statistics, published as part of Proportion of youth and adults that did Internet banking, adjusted location parity index (LPIA). Statizoid updates them automatically from the source API.

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Proportion of youth and adults that did Internet banking, adjusted in Republic of Korea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 06 September 2026, from https://education.statizoid.com/stat/proportion-of-youth-and-adults-that-did-internet-banking-adjusted-location-parity-index/korea-rep/

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About this data

Indicator
Proportion of youth and adults that did Internet banking, adjusted location parity index (LPIA)
Unit
LPIA
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
41 places, 344 data points, 2006–2024
Last refreshed

February 2026 Data Release