Korea vs New Zealand: Domestic credit to private sector (% of GDP) (World Development)
Korea
164.8%
in 2020
New Zealand
160.5%
in 2020
Korea rank
7th
New Zealand rank
9th
Domestic credit to private sector (% of GDP) (World Development) over time
- Korea
- New Zealand
How they compare
Korea currently reports 164.8% against 160.5% in New Zealand, a difference of 4.3%.
The two have swapped places 1 time across 7 shared years of data; in 2014 it was New Zealand ahead.
Korea ranks 7th and New Zealand ranks 9th of 187 countries.
Across the 2 decades both report, Korea averaged higher in 1 and New Zealand in 1.
Head to head by decade
| Decade | Korea | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 137.9% | 152.9% | 15.0% | New Zealand |
| 2020s | 164.8% | 160.5% | 4.3% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Korea or New Zealand?
- Korea, at 164.8% against 160.5% in New Zealand as of 2020.
- What is the difference in domestic credit to private sector between Korea and New Zealand?
- 4.3%, with Korea ahead.
- How many years of comparable data are there for Korea and New Zealand?
- 7 years are reported by both, from 2014 to 2020.
- How do Korea and New Zealand rank globally for domestic credit to private sector?
- Korea ranks 7th and New Zealand ranks 9th 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.