South Korea vs Late-demographic dividend: Domestic credit to private sector by banks
Domestic credit to private sector by banks over time
- South Korea
- Late-demographic dividend
How they compare
South Korea currently reports 160.3% against 153.4% in Late-demographic dividend, a difference of 6.9%.
The two have swapped places 3 times across 40 shared years of data; in 1978 it was Late-demographic dividend ahead.
South Korea ranks 4th and Late-demographic dividend ranks 4th of 187 countries.
Across the 6 decades both report, South Korea averaged higher in 3 and Late-demographic dividend in 3.
Head to head by decade
| Decade | South Korea | Late-demographic dividend | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 31.6% | 34.2% | 2.6% | Late-demographic dividend |
| 1980s | 41.8% | 42.1% | 0.3% | Late-demographic dividend |
| 1990s | 49.8% | 68.6% | 18.8% | Late-demographic dividend |
| 2000s | 110.2% | 73.5% | 36.7% | South Korea |
| 2010s | 128.5% | 106.7% | 21.8% | South Korea |
| 2020s | 160.3% | 146.4% | 13.9% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector by banks, South Korea or Late-demographic dividend?
- South Korea, at 160.3% against 153.4% in Late-demographic dividend as of 2024.
- What is the difference in domestic credit to private sector by banks between South Korea and Late-demographic dividend?
- 6.9%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Late-demographic dividend?
- 40 years are reported by both, from 1978 to 2024.
- How do South Korea and Late-demographic dividend rank globally for domestic credit to private sector by banks?
- South Korea ranks 4th and Late-demographic dividend ranks 4th of 187 countries.
- 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.