South Korea (2024)
160.3
% of GDP
-3.2pp YoY
YoY Change
-3.2pp
percentage points
Trend
down
Series length
50
years of data

Data

South Korea Financial System Deposits (% of GDP) (2024) — source data. World Bank.
Year % of GDP YoY Change
2024 160.3 -3.2pp
2023 163.5 +0.7pp
2022 162.8 +2.9pp
2021 159.9 +5.2pp
2020 154.7 +12pp
2019 142.7 +9.2pp
2018 133.5 +4pp
2017 129.5 +1.5pp
2016 128 +2.1pp
2015 125.9 +0.4pp
2014 125.5 +2.7pp
2013 122.8 -2.3pp
2012 125.1 -2pp
2011 127.1 +2.4pp
2010 124.7 -7.9pp
2009 132.6 -3.6pp
2008 136.2 +12.2pp
2007 124 +6.5pp
2006 117.5 +11.4pp
2005 106.1 +4.1pp

About this Dataset

South Korea recorded 160.3 % of GDP in 2024. The latest change was -3.2pp. Across 1975–2024 the series ranges from 28.9 in 1977 to 163.5 in 2023.

This page tracks total deposits in the financial system (banks + non-bank financial institutions) as a share of GDP in South Korea from 1990 to present. Deposit depth measures the liability-side of financial development.

Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks total deposits in the financial system (banks + non-bank financial institutions) as a share of GDP in South Korea from 1990 to present. Deposit depth measures the liability-side of financial development. It is published by World Bank and updated annually.

The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1975–2024 (50 observations).

The series peaked at 163.5 % of GDP in 2023 and reached its lowest recorded value of 28.9 in 1977. The latest reading of 160.3 in 2024 represents a change of -3.2pp.