The Bank of Korea says that the average net worth of a South Korean household stood at around 360 million won last year, or around 320-thousand U.S. dollars.
 
According to the national balance sheet released by the central bank on Wednesday, South Korea’s net assets amounted to nearly 13-point-one quadrillion won. That’s eight times the nation’s gross domestic product and up five-point-eight percent from a year ago.
 
Considering that a household is made up of two-and-a-half members, the bank found that the average net assets of a household amounted to 367-point-eight million won. Seventy-six percent of the assets were nonfinancial, including real estate.