Credit to the private sector — all countries

Credit to the private sector — South Korea

Credit to the private sector in South Korea in 2024 — 160.35%. Ranked 5 in the world out of 143. Since 1960, the indicator has risen by 154.63 pp.

2024 160.35% −3.17 pp vs 2023
World rank 5of 143
Period maximum 163.52%2023
Period minimum 5.72%1960

Trend over time

1960–2024 · % of GDP

Credit to the private sector — South Korea, 1960–202405010015020019601967197419811988199520022009201620231960: 5.72%1962: 12.66%1964: 8.78%1966: 11.07%1968: 25.31%1970: 32.59%1972: 33.88%1974: 35.63%1976: 30.29%1978: 32.29%1980: 39.67%1982: 43.36%1984: 42.28%1986: 43.99%1988: 42.64%1990: 49.26%1992: 47.4%1994: 47.74%1996: 50.15%1998: 59.61%2000: 69.19%2002: 108.71%2004: 101.99%2006: 117.54%2008: 136.2%2010: 124.68%2012: 125.14%2014: 125.49%2016: 128.04%2018: 133.5%2020: 154.75%2022: 162.77%2024: 160.35%
Change over the period: +154.63 pp Annual average: 2.42 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 160.35%
World 140.32%
Eastern Asia computed 190.9%
Credit to the private sector — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2024 160.35 −3.17 pp
2023 163.52 +0.75 pp
2022 162.77 +2.84 pp
2021 159.93 +5.18 pp
2020 154.75 +12.1 pp
2019 142.65 +9.15 pp
2018 133.5 +3.97 pp
2017 129.54 +1.5 pp
2016 128.04 +2.18 pp
2015 125.86 +0.37 pp
2014 125.49 +2.73 pp
2013 122.76 −2.38 pp
2012 125.14 −1.95 pp
2011 127.08 +2.4 pp
2010 124.68 −7.92 pp
2009 132.6 −3.6 pp
2008 136.2 +12.17 pp
2007 124.03 +6.49 pp
2006 117.54 +11.41 pp
2005 106.12 +4.13 pp
2004 101.99 −5.19 pp
2003 107.18 −1.52 pp
2002 108.71 +9.1 pp
2001 99.61 +30.42 pp
2000 69.19 +4.7 pp
1999 64.49 +4.88 pp
1998 59.61 +4.81 pp
1997 54.8 +4.66 pp
1996 50.15 +3.17 pp
1995 46.97 −0.76 pp
1994 47.74 +0.55 pp
1993 47.19 −0.21 pp
1992 47.4 −1.46 pp
1991 48.86 −0.41 pp
1990 49.26 +2.02 pp
1989 47.24 +4.6 pp
1988 42.64 −1.9 pp
1987 44.54 +0.55 pp
1986 43.99 −0.75 pp
1985 44.74 +2.46 pp
1984 42.28 −0.52 pp
1983 42.8 −0.56 pp
1982 43.36 +3.32 pp
1981 40.04 +0.37 pp
1980 39.67 +4.82 pp
1979 34.86 +2.56 pp
1978 32.29 +2.68 pp
1977 29.61 −0.68 pp
1976 30.29 −2.89 pp
1975 33.18 −2.45 pp
1974 35.63 +1.72 pp
1973 33.91 +0.03 pp
1972 33.88 −0.7 pp
1971 34.58 +2 pp
1970 32.59 +0.94 pp
1969 31.65 +6.34 pp
1968 25.31 +8.62 pp
1967 16.69 +5.62 pp
1966 11.07 +0.9 pp
1965 10.17 +1.38 pp
1964 8.78 −1.71 pp
1963 10.5 −2.16 pp
1962 12.66 +0.67 pp
1961 11.99 +6.27 pp
1960 5.72

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.