South Korea: Business credit

* indicates monthly or quarterly data series
 South Korea

Business credit, billion currency units

 Latest value 1971466
 Reference March 2024
 Measure billion South Korean Won
 Data availability December 2001 - March 2024
 Average 912472.32
 Min - Max 293714.1 - 1971466
 Source Korean Economic Statistics System
For that indicator, we provide data for South Korea from December 2001 to March 2024. The average value for South Korea during that period was 912472.32 billion South Korean Won with a minimum of 293714.1 billion South Korean Won in December 2001 and a maximum of 1971466 billion South Korean Won in March 2024. Click on the following link to see the values of Business credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Business credit - recent values

Historical chart
South Korea - Business credit - historical chart - 2001-2024
Measure: billion South Korean Won
Source: Korean Economic Statistics System


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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 value Reference Measure
 Inflation 5.1 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 1,333.3333 9/2023 Local Currency Units per USD
 Money supply (broad money) 3,839,468.60 9/2023 billion
 Consumer Price Index (CPI) 112.8300 9/2023 index points
 Inflation, monthly 0.49 9/2023 percent
 Inflation, annual 3.68 9/2023 percent
 Private sector credit 3,227,684.80 9/2023 billion
 Business credit 1,930,596.40 9/2023 billion
 Household credit 1,297,088.40 9/2023 billion
 Mortgage credit 659,363.10 9/2023 billion
 Consumer credit 637,725.30 9/2023 billion
 Deposit interest rate 3.95 9/2023 percent
 Business credit interest rate 5.27 9/2023 percent
 Mortgage credit interest rate 4.35 9/2023 percent
 Policy rate 3.50 9/2023 percent
 Household debt to GDP 101.50 9/2023 percent
 Debt service ratios for private non-financial sector 23.80 Q3/2023 percent
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