IBRD only vs Korea: Domestic credit to private sector by banks

IBRD only
119.8%
in 2024
Korea
160.3%
in 2024
IBRD only rank
7th
Korea rank
4th

Domestic credit to private sector by banks over time

  • IBRD only
  • Korea
050100150196019922024

How they compare

Korea currently reports 160.3% against 119.8% in IBRD only, a difference of 40.5%.

That makes Korea's figure about 1.3 times IBRD only's.

The two have swapped places 5 times across 64 shared years of data; in 1961 it was IBRD only ahead.

IBRD only ranks 7th and Korea ranks 4th of 47 groups.

Korea has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade IBRD only Korea Difference Ahead
1960s 14.5% 15.1% 0.7% Korea
1970s 24.2% 32.6% 8.4% Korea
1980s 34.7% 41.8% 7.1% Korea
1990s 45.4% 49.0% 3.6% Korea
2000s 53.2% 110.2% 57.0% Korea
2010s 85.8% 128.5% 42.7% Korea
2020s 117.2% 160.3% 43.1% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher domestic credit to private sector by banks, IBRD only or Korea?
Korea, at 160.3% against 119.8% in IBRD only as of 2024.
What is the difference in domestic credit to private sector by banks between IBRD only and Korea?
40.5%, with Korea ahead.
How many years of comparable data are there for IBRD only and Korea?
64 years are reported by both, from 1961 to 2024.
How do IBRD only and Korea rank globally for domestic credit to private sector by banks?
IBRD only ranks 7th and 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.

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IBRD only vs Korea: Domestic credit to private sector by banks. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://financial-sector.statizoid.com/compare/domestic-credit-to-private-sector-by-banks-percent-of-gdp/ibrd-only/korea-rep/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

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.