Korea vs OECD members: Domestic credit to private sector
Domestic credit to private sector over time
- Korea
- OECD members
How they compare
Korea currently reports 160.3% against 147.2% in OECD members, a difference of 13.1%.
That makes Korea's figure about 1.1 times OECD members's.
The two have swapped places 1 time across 45 shared years of data; in 1960 it was OECD members ahead.
Korea ranks 6th and OECD members ranks 8th of 187 countries.
Across the 7 decades both report, Korea averaged higher in 1 and OECD members in 6.
Head to head by decade
| Decade | Korea | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 8.9% | 61.1% | 52.3% | OECD members |
| 1970s | 33.7% | 81.9% | 48.2% | OECD members |
| 1980s | 43.9% | 106.3% | 62.4% | OECD members |
| 1990s | 53.0% | 140.5% | 87.5% | OECD members |
| 2000s | 110.3% | 140.8% | 30.4% | OECD members |
| 2010s | 128.5% | 138.9% | 10.4% | OECD members |
| 2020s | 160.3% | 150.0% | 10.2% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher domestic credit to private sector, Korea or OECD members?
- Korea, at 160.3% against 147.2% in OECD members as of 2024.
- What is the difference in domestic credit to private sector between Korea and OECD members?
- 13.1%, with Korea ahead.
- How many years of comparable data are there for Korea and OECD members?
- 45 years are reported by both, from 1960 to 2024.
- How do Korea and OECD members rank globally for domestic credit to private sector?
- Korea ranks 6th and OECD members ranks 8th 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.
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.