South Korea vs Middle income: Broad money (% of GDP)
Broad money (% of GDP) over time
- South Korea
- Middle income
How they compare
South Korea currently reports 162.7% against 158.9% in Middle income, a difference of 3.8%.
The two have swapped places 5 times across 64 shared years of data; in 1961 it was Middle income ahead.
South Korea ranks 8th and Middle income ranks 7th of 167 countries.
Across the 7 decades both report, South Korea averaged higher in 4 and Middle income in 3.
Head to head by decade
| Decade | South Korea | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 16.6% | 22.3% | 5.7% | Middle income |
| 1970s | 31.3% | 27.4% | 3.9% | South Korea |
| 1980s | 32.2% | 39.2% | 6.9% | Middle income |
| 1990s | 37.5% | 50.0% | 12.5% | Middle income |
| 2000s | 104.6% | 76.4% | 28.2% | South Korea |
| 2010s | 128.1% | 115.1% | 13.0% | South Korea |
| 2020s | 160.9% | 149.2% | 11.7% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, South Korea or Middle income?
- South Korea, at 162.7% against 158.9% in Middle income as of 2024.
- What is the difference in broad money between South Korea and Middle income?
- 3.8%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Middle income?
- 64 years are reported by both, from 1961 to 2024.
- How do South Korea and Middle income rank globally for broad money?
- South Korea ranks 8th and Middle income ranks 7th of 167 countries.
- 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.