High income vs Korea: Domestic credit to private sector
Domestic credit to private sector over time
- High income
- Korea
How they compare
Korea currently reports 160.3% against 152.2% in High income, a difference of 8.1%.
That makes Korea's figure about 1.1 times High income's.
The two have swapped places 1 time across 47 shared years of data; in 1960 it was High income ahead.
High income ranks 7th and Korea ranks 6th of 47 groups.
Across the 7 decades both report, High income averaged higher in 6 and Korea in 1.
Head to head by decade
| Decade | High income | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 61.9% | 10.1% | 51.7% | High income |
| 1970s | 82.8% | 33.7% | 49.0% | High income |
| 1980s | 100.3% | 43.6% | 56.7% | High income |
| 1990s | 140.8% | 53.0% | 87.8% | High income |
| 2000s | 140.7% | 110.3% | 30.4% | High income |
| 2010s | 137.9% | 128.5% | 9.4% | High income |
| 2020s | 152.4% | 160.3% | 7.9% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, High income or Korea?
- Korea, at 160.3% against 152.2% in High income as of 2024.
- What is the difference in domestic credit to private sector between High income and Korea?
- 8.1%, with Korea ahead.
- How many years of comparable data are there for High income and Korea?
- 47 years are reported by both, from 1960 to 2024.
- How do High income and Korea rank globally for domestic credit to private sector?
- High income ranks 7th and Korea ranks 6th 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.