South Korea: Domestic credit to the private sector
(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series
South Korea: Domestic credit to the private sector, percent of GDP
For that indicator, we provide data for South Korea from 1960 to 2017. The average value for South Korea during that period was 65.08 percent with a minimum of 5.74 percent in 1960 and a maximum of 148.34 percent in 2008.
The latest value from 2017 is 144.8 percent. For comparison, the world average in 2017 based on 163
countries is 57.62 percent.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
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.