{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"kr-private-credit-financial-institutions-gdp","url":"https://apiardata.com/statistics/kr-private-credit-financial-institutions-gdp","html_url":"https://apiardata.com/statistics/kr-private-credit-financial-institutions-gdp/","title":"South Korea Private Credit by All Financial Institutions (% of GDP) (2020)","description":"South Korea's Private Credit by All Financial Institutions (% of GDP): 164.8 % of GDP in 2020, +13.5pp YoY. World Bank (GFDD.DI.14), 1971–2020.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","South Korea","2020"],"publisher":"World Bank","frequency":"Annual","geography":"South Korea","temporal_coverage":"1971/2020","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2020","variable_measured":"South Korea Private Credit by All Financial Institutions (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GFDD.DI.14?locations=KR"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"1971–2020"},{"label":"Observations","value":"50"},{"label":"Geography","value":"South Korea"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"South Korea (2020)","value":"164.8","unit":"% of GDP","trend":{"direction":"up","value":"+13.5pp YoY"}},{"label":"YoY Change","value":"+13.5pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"50","unit":"years of data"}],"series":[{"key":"value","label":"South Korea Private Credit by All Financial Institutions (% of GDP)"}],"observation_count":50,"observations":[{"period":"1971","value":34.9378},{"period":"1972","value":34.2805},{"period":"1973","value":34.3727},{"period":"1974","value":36.2043},{"period":"1975","value":33.7003},{"period":"1976","value":30.7681},{"period":"1977","value":30.0847},{"period":"1978","value":32.8231},{"period":"1979","value":35.447},{"period":"1980","value":40.3724},{"period":"1981","value":40.7867},{"period":"1982","value":44.2295},{"period":"1983","value":43.7106},{"period":"1984","value":43.2523},{"period":"1985","value":45.8277},{"period":"1986","value":45.1645},{"period":"1987","value":45.8278},{"period":"1988","value":43.8938},{"period":"1989","value":48.6375},{"period":"1990","value":50.774},{"period":"1991","value":50.3629},{"period":"1992","value":48.9163},{"period":"1993","value":48.756},{"period":"1994","value":49.3374},{"period":"1995","value":48.6068},{"period":"1996","value":51.8746},{"period":"1997","value":56.6723},{"period":"1998","value":61.7803},{"period":"1999","value":66.845},{"period":"2000","value":71.7453},{"period":"2001","value":103.229},{"period":"2002","value":112.651},{"period":"2003","value":111.116},{"period":"2004","value":105.86},{"period":"2005","value":110.304},{"period":"2006","value":122.218},{"period":"2007","value":129.136},{"period":"2008","value":141.95},{"period":"2009","value":138.095},{"period":"2010","value":130.039},{"period":"2011","value":132.538},{"period":"2012","value":130.746},{"period":"2013","value":128.492},{"period":"2014","value":131.555},{"period":"2015","value":132.141},{"period":"2016","value":134.826},{"period":"2017","value":136.492},{"period":"2018","value":141.155},{"period":"2019","value":151.258},{"period":"2020","value":164.779}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2020","value":"164.8","yoyChange":"+13.5pp"},{"year":"2019","value":"151.3","yoyChange":"+10.1pp"},{"year":"2018","value":"141.2","yoyChange":"+4.7pp"},{"year":"2017","value":"136.5","yoyChange":"+1.7pp"},{"year":"2016","value":"134.8","yoyChange":"+2.7pp"},{"year":"2015","value":"132.1","yoyChange":"+0.5pp"},{"year":"2014","value":"131.6","yoyChange":"+3.1pp"},{"year":"2013","value":"128.5","yoyChange":"-2.2pp"},{"year":"2012","value":"130.7","yoyChange":"-1.8pp"},{"year":"2011","value":"132.5","yoyChange":"+2.5pp"},{"year":"2010","value":"130.0","yoyChange":"-8.1pp"},{"year":"2009","value":"138.1","yoyChange":"-3.8pp"},{"year":"2008","value":"141.9","yoyChange":"+12.8pp"},{"year":"2007","value":"129.1","yoyChange":"+6.9pp"},{"year":"2006","value":"122.2","yoyChange":"+11.9pp"},{"year":"2005","value":"110.3","yoyChange":"+4.4pp"},{"year":"2004","value":"105.9","yoyChange":"-5.2pp"},{"year":"2003","value":"111.1","yoyChange":"-1.6pp"},{"year":"2002","value":"112.7","yoyChange":"+9.5pp"},{"year":"2001","value":"103.2","yoyChange":"+31.5pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"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."},{"question":"How current is this data?","answer":"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)."},{"question":"What is the long-term trend?","answer":"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."}]}