High income vs South Korea: Broad money (% of GDP)
Broad money (% of GDP) over time
- High income
- South Korea
How they compare
South Korea currently reports 162.7% against 138.4% in High income, a difference of 24.3%.
That makes South Korea's figure about 1.2 times High income's.
The two have swapped places 3 times across 57 shared years of data; in 1960 it was High income ahead.
High income ranks 10th and South Korea ranks 8th of 44 groups.
Across the 7 decades both report, High income averaged higher in 5 and South Korea in 2.
Head to head by decade
| Decade | High income | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 59.2% | 16.1% | 43.1% | High income |
| 1970s | 71.0% | 31.4% | 39.5% | High income |
| 1980s | 88.3% | 32.4% | 55.9% | High income |
| 1990s | 101.5% | 38.5% | 63.0% | High income |
| 2000s | 104.9% | 104.6% | 0.3% | High income |
| 2010s | 115.4% | 128.1% | 12.7% | South Korea |
| 2020s | 138.4% | 155.4% | 17.0% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, High income or South Korea?
- South Korea, at 162.7% against 138.4% in High income as of 2024.
- What is the difference in broad money between High income and South Korea?
- 24.3%, with South Korea ahead.
- How many years of comparable data are there for High income and South Korea?
- 57 years are reported by both, from 1960 to 2020.
- How do High income and South Korea rank globally for broad money?
- High income ranks 10th and South Korea ranks 8th of 44 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Broad money (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.