South Korea vs Upper middle income: Broad money (% of GDP)
Broad money (% of GDP) over time
- South Korea
- Upper middle income
How they compare
Upper middle income currently reports 167.9% against 162.7% in South Korea, a difference of 5.2%.
The two have swapped places 12 times across 60 shared years of data; in 1965 it was Upper middle income ahead.
South Korea ranks 8th and Upper middle income ranks 5th of 167 countries.
Across the 7 decades both report, South Korea averaged higher in 3 and Upper middle income in 4.
Head to head by decade
| Decade | South Korea | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 20.5% | 24.4% | 3.9% | Upper middle income |
| 1970s | 31.3% | 27.6% | 3.6% | South Korea |
| 1980s | 32.2% | 40.6% | 8.3% | Upper middle income |
| 1990s | 37.5% | 52.7% | 15.2% | Upper middle income |
| 2000s | 104.6% | 82.3% | 22.2% | South Korea |
| 2010s | 128.1% | 126.9% | 1.2% | South Korea |
| 2020s | 160.9% | 161.6% | 0.7% | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher broad money, South Korea or Upper middle income?
- Upper middle income, at 167.9% against 162.7% in South Korea as of 2024.
- What is the difference in broad money between South Korea and Upper middle income?
- 5.2%, with Upper middle income ahead.
- How many years of comparable data are there for South Korea and Upper middle income?
- 60 years are reported by both, from 1965 to 2024.
- How do South Korea and Upper middle income rank globally for broad money?
- South Korea ranks 8th and Upper middle income ranks 5th 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.