South Korea: Business credit

* indicates monthly or quarterly data series
The most recent value is 2052856.9 billion South Korean Won as of March 2025, a decline compared to the previous value of 2059121.6 billion South Korean Won. Historically, the average for South Korea from December 2001 to March 2025 is 960278.35 billion South Korean Won. The minimum of 293714.1 billion South Korean Won was recorded in December 2001, while the maximum of 2059121.6 billion South Korean Won was reached in February 2025. Click on the following link to see the values of: Business credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion South Korean Won
  • Source: Korean Economic Statistics System

Recent values South Korea: Business credit, billion currency units
2025  Mar 2052856.9
2025  Feb 2059121.6
2025  Jan 2050846.3
2024  Dec 2031910.9
2024  Nov 2052044.1
2024  Oct 2040885.2
2024  Sep 2024512.9
2024  Aug 2020769.9


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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest Reference Measure
 Inflation 3.6 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1,315.7894 5/2025 Local Currency Units per USD
 Money supply (broad money) 4,228,250.50 3/2025 billion
 Consumer Price Index (CPI) 116.2700 5/2025 index points
 Inflation, monthly -0.09 5/2025 percent
 Inflation, annual 1.90 5/2025 percent
 Private sector credit 3,407,758.80 3/2025 billion
 Business credit 2,052,856.90 3/2025 billion
 Household credit 1,354,901.90 3/2025 billion
 Mortgage credit 739,367.30 3/2025 billion
 Consumer credit 615,534.60 3/2025 billion
 Deposit interest rate 2.72 4/2025 percent
 Business credit interest rate 4.14 4/2025 percent
 Mortgage credit interest rate 3.98 4/2025 percent
 Policy rate 2.75 4/2025 percent
 Household debt to GDP 90.70 9/2024 percent
 Debt service ratios for private non-financial sector 20.30 Q3/2024 percent
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