South Korea vs Late-demographic dividend: Domestic credit to private sector
Domestic credit to private sector over time
- South Korea
- Late-demographic dividend
How they compare
South Korea currently reports 160.3% against 156.4% in Late-demographic dividend, a difference of 3.9%.
The two have swapped places 1 time across 38 shared years of data; in 1977 it was Late-demographic dividend ahead.
South Korea ranks 6th and Late-demographic dividend ranks 6th of 187 countries.
Across the 6 decades both report, South Korea averaged higher in 3 and Late-demographic dividend in 3.
Head to head by decade
| Decade | South Korea | Late-demographic dividend | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 32.3% | 47.0% | 14.7% | Late-demographic dividend |
| 1980s | 42.2% | 50.4% | 8.3% | Late-demographic dividend |
| 1990s | 57.3% | 65.6% | 8.3% | Late-demographic dividend |
| 2000s | 110.3% | 75.6% | 34.7% | South Korea |
| 2010s | 128.5% | 109.0% | 19.4% | South Korea |
| 2020s | 160.3% | 148.5% | 11.8% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, South Korea or Late-demographic dividend?
- South Korea, at 160.3% against 156.4% in Late-demographic dividend as of 2024.
- What is the difference in domestic credit to private sector between South Korea and Late-demographic dividend?
- 3.9%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Late-demographic dividend?
- 38 years are reported by both, from 1977 to 2024.
- How do South Korea and Late-demographic dividend rank globally for domestic credit to private sector?
- South Korea ranks 6th and Late-demographic dividend ranks 6th of 187 countries.
- 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.