Korean Dictionary
How to say "Financial Crisis" in Korean
“Financial Crisis” in Korean is 금융 위기 (pronounced "Geumyung wiggi").
금융 위기
Geumyung wiggi
Usage & Context
A severe disruption in financial markets. Korea experienced a financial crisis in 1997.
Example Sentence
금융 위기가 발생했어요.
A financial crisis occurred.
How to use 금융 위기 naturally
Quick answer
The Korean word for “Financial Crisis” is 금융 위기, romanized as Geumyung wiggi.
Usage tip
Learn this word together with a complete Korean sentence. Meaning often depends on particles, politeness level, and word order.
Common mistake
Do not rely only on the English meaning. Read the Korean example sentence and notice the particles, word order, and politeness level around 금융 위기.
Pronunciation Guide
금 (geum) sounds like 'goom' (as in 'gum'). 융 (yung) is like 'yoong' (as in 'young'). 위 (wi) is like 'wee'. 기 (gi) is like 'gee' in 'geese'. The 'gg' in 'wiggi' indicates a tense, slightly harder 'g' sound.
More Example Sentences
A history professor lecturing students.
1997년 금융 위기는 한국 사회에 큰 상처를 남겼습니다.
The 1997 financial crisis left a deep scar on Korean society.
A news anchor reporting on economic forecasts.
전문가들은 또 다른 금융 위기가 올 수도 있다고 경고합니다.
Experts warn that another financial crisis could come.
A business analyst discussing economic recovery.
금융 위기 이후 많은 기업들이 구조조정을 했습니다.
After the financial crisis, many companies underwent restructuring.
Cultural Context
The term '금융 위기' (financial crisis) often immediately brings to mind the 1997 Asian Financial Crisis, known in Korea as the 'IMF Crisis' (IMF 사태). This event profoundly impacted Korean society, leading to widespread unemployment, corporate bankruptcies, and a national gold-collecting campaign to help repay the IMF loan. It's a significant historical and cultural touchstone, frequently referenced in discussions about economic resilience, hardship, and national identity in Korea.
Editorial note
We review entries like 금융 위기 for pronunciation, example sentence fit, and learner mistakes so the page answers more than a direct dictionary lookup.
Reviewed by Min-jung Park, Korean Language Teacher. Updated May 31, 2026. See our editorial standards.
Common Phrases
금융 위기 극복
Overcoming a financial crisis
글로벌 금융 위기
Global financial crisis
금융 위기 이후
After the financial crisis
Related Expressions
경제 위기
Gyeongje wiggi
Economic crisis
외환 위기
Oehwan wiggi
Foreign exchange crisis
경기 침체
Gyeonggi chimchae
Economic recession
IMF 사태
IMF sata
IMF crisis (specifically 1997)
More Finance & Banking Words
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