Canada vs South Korea: Bank credit to bank deposits (%)
Canada
104.3%
in 2008
South Korea
106.9%
in 2021
Canada rank
31st
South Korea rank
29th
Bank credit to bank deposits (%) over time
- Canada
- South Korea
How they compare
South Korea currently reports 106.9% against 104.3% in Canada, a difference of 2.6%.
Across all 49 years both countries report, South Korea has been ahead every year.
Canada ranks 31st and South Korea ranks 29th of 186 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Canada | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 63.8% | 126.1% | 62.4% | South Korea |
| 1970s | 86.7% | 123.8% | 37.0% | South Korea |
| 1980s | 103.1% | 147.2% | 44.1% | South Korea |
| 1990s | 105.8% | 144.0% | 38.2% | South Korea |
| 2000s | 91.4% | 137.6% | 46.2% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bank credit to bank deposits, Canada or South Korea?
- South Korea, at 106.9% against 104.3% in Canada as of 2021.
- What is the difference in bank credit to bank deposits between Canada and South Korea?
- 2.6%, with South Korea ahead.
- How many years of comparable data are there for Canada and South Korea?
- 49 years are reported by both, from 1960 to 2008.
- How do Canada and South Korea rank globally for bank credit to bank deposits?
- Canada ranks 31st and South Korea ranks 29th of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Bank credit to bank deposits (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).