South Korea: Private sector credit

* indicates monthly or quarterly data series
The most recent value is 3356377 billion South Korean Won as of September 2024, an increase compared to the previous value of 3347381.3 billion South Korean Won. Historically, the average for South Korea from December 2001 to September 2024 is 1741396.08 billion South Korean Won. The minimum of 567030.3 billion South Korean Won was recorded in December 2001, while the maximum of 3356377 billion South Korean Won was reached in September 2024. Click on the following link to see the values of: Private sector credit around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion South Korean Won
  • Source: Korean Economic Statistics System

Recent values South Korea: Private sector credit, billion currency units
2024  Sep 3356377
2024  Aug 3347381.3
2024  Jul 3329386.9
2024  Jun 3308680.2
2024  May 3308780.4
2024  Apr 3292513.7
2024  Mar 3268614.8
2024  Feb 3271848.8


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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest Reference Measure
 Inflation 3.6 2023 percent
 Exchange rate regimes 7 2022 index points
 USD exchange rate 1,315.7894 1/2025 Local Currency Units per USD
 Money supply (broad money) 4,076,483.00 9/2024 billion
 Consumer Price Index (CPI) 115.7100 1/2025 index points
 Inflation, monthly 0.70 1/2025 percent
 Inflation, annual 2.24 1/2025 percent
 Private sector credit 3,356,377.00 9/2024 billion
 Business credit 2,023,784.60 9/2024 billion
 Household credit 1,332,592.40 9/2024 billion
 Mortgage credit 720,543.80 9/2024 billion
 Consumer credit 612,048.60 9/2024 billion
 Deposit interest rate 3.49 9/2024 percent
 Business credit interest rate 4.77 9/2024 percent
 Mortgage credit interest rate 3.74 9/2024 percent
 Policy rate 3.00 11/2024 percent
 Household debt to GDP 91.00 6/2024 percent
 Debt service ratios for private non-financial sector 20.50 Q2/2024 percent
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