East Asia & Pacific (excluding high income) vs Korea: Domestic credit to private sector (% of GDP) (Domestic International)
Domestic credit to private sector (% of GDP) (Domestic International) over time
- East Asia & Pacific (excluding high income)
- Korea
How they compare
East Asia & Pacific (excluding high income) currently reports 177.7% against 160.3% in Korea, a difference of 17.4%.
That makes East Asia & Pacific (excluding high income)'s figure about 1.1 times Korea's.
The two have swapped places 2 times across 47 shared years of data; in 1977 it was East Asia & Pacific (excluding high income) ahead.
East Asia & Pacific (excluding high income) ranks 2nd and Korea ranks 5th of 47 groups.
Across the 6 decades both report, East Asia & Pacific (excluding high income) averaged higher in 5 and Korea in 1.
Head to head by decade
| Decade | East Asia & Pacific (excluding high income) | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 46.2% | 32.3% | 13.9% | East Asia & Pacific (excluding high income) |
| 1980s | 59.9% | 43.0% | 17.0% | East Asia & Pacific (excluding high income) |
| 1990s | 86.9% | 51.6% | 35.3% | East Asia & Pacific (excluding high income) |
| 2000s | 105.9% | 110.3% | 4.4% | Korea |
| 2010s | 128.7% | 128.5% | 0.2% | East Asia & Pacific (excluding high income) |
| 2020s | 168.8% | 160.3% | 8.5% | East Asia & Pacific (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, East Asia & Pacific (excluding high income) or Korea?
- East Asia & Pacific (excluding high income), at 177.7% against 160.3% in Korea as of 2024.
- What is the difference in domestic credit to private sector between East Asia & Pacific (excluding high income) and Korea?
- 17.4%, with East Asia & Pacific (excluding high income) ahead.
- How many years of comparable data are there for East Asia & Pacific (excluding high income) and Korea?
- 47 years are reported by both, from 1977 to 2024.
- How do East Asia & Pacific (excluding high income) and Korea rank globally for domestic credit to private sector?
- East Asia & Pacific (excluding high income) ranks 2nd and Korea ranks 5th of 47 groups.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Domestic credit to private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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.