East Asia & Pacific 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
- Korea
How they compare
East Asia & Pacific currently reports 175.5% against 160.3% in Korea, a difference of 15.2%.
That makes East Asia & Pacific's figure about 1.1 times Korea's.
The two have swapped places 2 times across 55 shared years of data; in 1970 it was East Asia & Pacific ahead.
East Asia & Pacific ranks 4th and Korea ranks 5th of 47 groups.
East Asia & Pacific has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 97.9% | 33.1% | 64.8% | East Asia & Pacific |
| 1980s | 118.8% | 43.1% | 75.7% | East Asia & Pacific |
| 1990s | 160.6% | 51.6% | 108.9% | East Asia & Pacific |
| 2000s | 141.9% | 110.3% | 31.5% | East Asia & Pacific |
| 2010s | 138.6% | 128.5% | 10.1% | East Asia & Pacific |
| 2020s | 170.2% | 160.3% | 9.9% | East Asia & Pacific |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, East Asia & Pacific or Korea?
- East Asia & Pacific, at 175.5% against 160.3% in Korea as of 2024.
- What is the difference in domestic credit to private sector between East Asia & Pacific and Korea?
- 15.2%, with East Asia & Pacific ahead.
- How many years of comparable data are there for East Asia & Pacific and Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do East Asia & Pacific and Korea rank globally for domestic credit to private sector?
- East Asia & Pacific ranks 4th 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.
Individual pages
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.