East Asia & Pacific vs South Korea: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- East Asia & Pacific
- South Korea
How they compare
East Asia & Pacific currently reports 164.6% against 160.3% in South Korea, a difference of 4.3%.
The two have swapped places 4 times across 62 shared years of data; in 1962 it was East Asia & Pacific ahead.
East Asia & Pacific ranks 3rd and South Korea ranks 4th of 47 groups.
Across the 7 decades both report, East Asia & Pacific averaged higher in 4 and South Korea in 3.
Head to head by decade
| Decade | East Asia & Pacific | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 54.7% | 16.5% | 38.2% | East Asia & Pacific |
| 1970s | 90.1% | 32.6% | 57.5% | East Asia & Pacific |
| 1980s | 107.4% | 41.8% | 65.6% | East Asia & Pacific |
| 1990s | 141.2% | 49.0% | 92.2% | East Asia & Pacific |
| 2000s | 105.0% | 110.2% | 5.2% | South Korea |
| 2010s | 122.7% | 128.5% | 5.8% | South Korea |
| 2020s | 157.8% | 160.3% | 2.4% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, East Asia & Pacific or South Korea?
- East Asia & Pacific, at 164.6% against 160.3% in South Korea as of 2024.
- What is the difference in domestic credit to private sector by banks between East Asia & Pacific and South Korea?
- 4.3%, with East Asia & Pacific ahead.
- How many years of comparable data are there for East Asia & Pacific and South Korea?
- 62 years are reported by both, from 1962 to 2024.
- How do East Asia & Pacific and South Korea rank globally for domestic credit to private sector by banks?
- East Asia & Pacific ranks 3rd and South Korea ranks 4th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector by banks (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.