South Korea: Domestic credit to the private sector

* indicates monthly or quarterly data series
 South Korea

Domestic credit to the private sector, percent of GDP

 Latest value 164.78
 Year 2020
 Measure percent
 Data availability 1960 - 2020
 Average 67.49
 Min - Max 5.74 - 164.78
 Source The World Bank
For that indicator, we provide data for South Korea from 1960 to 2020. The average value for South Korea during that period was 67.49 percent with a minimum of 5.74 percent in 1960 and a maximum of 164.78 percent in 2020. The latest value from 2020 is 164.78 percent. For comparison, the world average in 2020 based on 151 countries is 61.27 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Domestic credit to the private sector - Recent values chart

Historical chart
South Korea - Domestic credit to the private sector - historical chart - 1960-2020




Definition: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

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 Domestic credit to the private sector 164.78 2020 percent
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