South Korea: Nonbank financial institutions assets to GDP

The latest value from 2005 is 7.22 percent, an increase from 6.86 percent in 2004. In comparison, the world average is 16.93 percent, based on data from 42 countries. Historically, the average for South Korea from 1960 to 2005 is 7.2 percent. The minimum value, 4.43 percent, was reached in 1967 while the maximum of 10.31 percent was recorded in 1998. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: ...Claims on domestic real nonfinancial sector by other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is other financial institutions' claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the IMF’s International Financial Statistics.