Korea vs Switzerland: Domestic credit to private sector
Korea
164.8%
in 2020
Switzerland
168.5%
in 2016
Korea rank
7th
Switzerland rank
5th
Domestic credit to private sector over time
- Korea
- Switzerland
How they compare
Switzerland currently reports 168.5% against 164.8% in Korea, a difference of 3.7%.
Across all 47 years both countries report, Switzerland has been ahead every year.
Korea ranks 7th and Switzerland ranks 5th of 187 countries.
Switzerland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Korea | Switzerland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.5% | 96.9% | 82.3% | Switzerland |
| 1980s | 44.2% | 119.8% | 75.6% | Switzerland |
| 1990s | 53.4% | 144.9% | 91.5% | Switzerland |
| 2000s | 114.6% | 144.5% | 29.8% | Switzerland |
| 2010s | 131.5% | 161.1% | 29.7% | Switzerland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Korea or Switzerland?
- Switzerland, at 168.5% against 164.8% in Korea as of 2016.
- What is the difference in domestic credit to private sector between Korea and Switzerland?
- 3.7%, with Switzerland ahead.
- How many years of comparable data are there for Korea and Switzerland?
- 47 years are reported by both, from 1960 to 2016.
- How do Korea and Switzerland rank globally for domestic credit to private sector?
- Korea ranks 7th and Switzerland ranks 5th 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.