China vs Republic of Korea: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- China
- Republic of Korea
How they compare
China currently reports 194.3% against 160.3% in Republic of Korea, a difference of 34.0%.
That makes China's figure about 1.2 times Republic of Korea's.
The two have swapped places 2 times across 48 shared years of data; in 1977 it was China ahead.
China ranks 2nd and Republic of Korea ranks 4th of 187 countries.
China has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | China | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 50.3% | 32.3% | 18.1% | China |
| 1980s | 65.3% | 43.1% | 22.2% | China |
| 1990s | 92.5% | 51.6% | 40.8% | China |
| 2000s | 112.0% | 110.3% | 1.7% | China |
| 2010s | 141.4% | 128.5% | 12.9% | China |
| 2020s | 183.7% | 160.3% | 23.4% | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, China or Republic of Korea?
- China, at 194.3% against 160.3% in Republic of Korea as of 2024.
- What is the difference in monetary sector credit to private sector between China and Republic of Korea?
- 34.0%, with China ahead.
- How many years of comparable data are there for China and Republic of Korea?
- 48 years are reported by both, from 1977 to 2024.
- How do China and Republic of Korea rank globally for monetary sector credit to private sector?
- China ranks 2nd and Republic of Korea ranks 4th of 187 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Monetary Sector credit to private sector (% 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, 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. 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.