China vs Korea: Domestic credit to private sector
China
182.9%
in 2020
Korea
164.8%
in 2020
China rank
4th
Korea rank
7th
Domestic credit to private sector over time
- China
- Korea
How they compare
China currently reports 182.9% against 164.8% in Korea, a difference of 18.1%.
That makes China's figure about 1.1 times Korea's.
The two have swapped places 2 times across 44 shared years of data; in 1977 it was China ahead.
China ranks 4th and Korea ranks 7th of 187 countries.
Across the 6 decades both report, China averaged higher in 5 and Korea in 1.
Head to head by decade
| Decade | China | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.4% | 32.8% | 17.6% | China |
| 1980s | 65.4% | 44.2% | 21.3% | China |
| 1990s | 93.0% | 53.4% | 39.6% | China |
| 2000s | 113.6% | 114.6% | 1.0% | Korea |
| 2010s | 144.0% | 134.9% | 9.1% | China |
| 2020s | 182.9% | 164.8% | 18.1% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, China or Korea?
- China, at 182.9% against 164.8% in Korea as of 2020.
- What is the difference in domestic credit to private sector between China and Korea?
- 18.1%, with China ahead.
- How many years of comparable data are there for China and Korea?
- 44 years are reported by both, from 1977 to 2020.
- How do China and Korea rank globally for domestic credit to private sector?
- China ranks 4th and Korea ranks 7th of 187 countries.
- Where does this data come from?
- World Development Indicators (WDI), World Bank, published as Domestic credit to private sector (% 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 refers to financial resources provided to the private sector, 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.