South Korea (2020)
164.8
% of GDP
+13.5pp YoY
YoY Change
+13.5pp
percentage points
Trend
up
Series length
50
years of data

Data

South Korea Private Credit by All Financial Institutions (% of GDP) (2020) — source data. World Bank.
Year % of GDP YoY Change
2020 164.8 +13.5pp
2019 151.3 +10.1pp
2018 141.2 +4.7pp
2017 136.5 +1.7pp
2016 134.8 +2.7pp
2015 132.1 +0.5pp
2014 131.6 +3.1pp
2013 128.5 -2.2pp
2012 130.7 -1.8pp
2011 132.5 +2.5pp
2010 130 -8.1pp
2009 138.1 -3.8pp
2008 141.9 +12.8pp
2007 129.1 +6.9pp
2006 122.2 +11.9pp
2005 110.3 +4.4pp
2004 105.9 -5.2pp
2003 111.1 -1.6pp
2002 112.7 +9.5pp
2001 103.2 +31.5pp

About this Dataset

South Korea recorded 164.8 % of GDP in 2020. The latest change was +13.5pp. Across 1971–2020 the series ranges from 30.1 in 1977 to 164.8 in 2020.

This page tracks total private sector credit (bank + non-bank financial institutions) as a share of GDP in South Korea from 1990 to present. This broader measure captures shadow banking and non-bank credit channels beyond deposit money banks.

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 private sector credit (bank + non-bank financial institutions) as a share of GDP in South Korea from 1990 to present. This broader measure captures shadow banking and non-bank credit channels beyond deposit money banks. It is published by World Bank and updated annually.

The most recent observation covers 2020. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1971–2020 (50 observations).

The series peaked at 164.8 % of GDP in 2020 and reached its lowest recorded value of 30.1 in 1977. The latest reading of 164.8 in 2020 represents a change of +13.5pp.