Korea - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Korea was 164.78 as of 2020. Its highest value over the past 60 years was 164.78 in 2020, while its lowest value was 4.86 in 1960.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 4.86
1961 11.14
1962 12.52
1963 10.41
1964 8.34
1965 9.88
1966 10.68
1967 16.82
1968 25.50
1969 31.92
1970 32.87
1971 34.94
1972 34.05
1973 34.19
1974 35.28
1975 33.02
1976 30.22
1977 29.37
1978 32.13
1979 34.88
1980 39.74
1981 40.11
1982 43.73
1983 43.23
1984 42.82
1985 45.38
1986 44.68
1987 43.08
1988 40.42
1989 44.86
1990 47.04
1991 46.99
1992 46.20
1993 45.95
1994 46.69
1995 45.94
1996 49.09
1997 54.21
1998 59.32
1999 64.91
2000 70.17
2001 103.23
2002 112.65
2003 111.12
2004 105.86
2005 110.30
2006 122.22
2007 129.14
2008 141.95
2009 138.09
2010 130.04
2011 132.54
2012 130.75
2013 128.49
2014 131.56
2015 132.14
2016 134.83
2017 136.49
2018 141.16
2019 151.26
2020 164.78

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Korea was 164.78 as of 2020. Its highest value over the past 60 years was 164.78 in 2020, while its lowest value was 5.74 in 1960.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 5.74
1961 12.04
1962 12.72
1963 10.54
1964 8.83
1965 10.23
1966 11.14
1967 16.82
1968 25.50
1969 31.92
1970 32.87
1971 34.94
1972 34.28
1973 34.37
1974 36.20
1975 33.70
1976 30.77
1977 30.08
1978 32.82
1979 35.45
1980 40.37
1981 40.79
1982 44.23
1983 43.71
1984 43.25
1985 45.83
1986 45.16
1987 45.83
1988 43.89
1989 48.64
1990 50.77
1991 50.36
1992 48.92
1993 48.76
1994 49.34
1995 48.61
1996 51.87
1997 56.67
1998 61.78
1999 66.85
2000 71.75
2001 103.23
2002 112.65
2003 111.12
2004 105.86
2005 110.30
2006 122.22
2007 129.14
2008 141.95
2009 138.09
2010 130.04
2011 132.54
2012 130.75
2013 128.49
2014 131.56
2015 132.14
2016 134.83
2017 136.49
2018 141.16
2019 151.26
2020 164.78

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets