Credit gap in South Korea, December, 2019
For that indicator, we provide data for South Korea from Q4 1972 to Q4 2019. The average value for South Korea during that period was -1.1 percent with a minimum of -21.8 percent in Q4 2004 and a maximum of 14.5 percent in Q4 1982.
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around the world.
* indicates monthly or quarterly data series
Source: Bank for International Settlements (BIS)
Definition: The credit-to-GDP gap is defined as the difference between the credit-to-GDP ratio and its long-run trend, and captures the build-up of excessive credit in a reduced form fashion.