East Asia & Pacific (excluding high income) vs Korea: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- East Asia & Pacific (excluding high income)
- Korea
How they compare
East Asia & Pacific (excluding high income) currently reports 176.6% against 160.3% in Korea, a difference of 16.3%.
That makes East Asia & Pacific (excluding high income)'s figure about 1.1 times Korea's.
The two have swapped places 2 times across 48 shared years of data; in 1977 it was East Asia & Pacific (excluding high income) ahead.
East Asia & Pacific (excluding high income) ranks 1st and Korea ranks 4th of 47 groups.
Across the 6 decades both report, East Asia & Pacific (excluding high income) averaged higher in 4 and Korea in 2.
Head to head by decade
| Decade | East Asia & Pacific (excluding high income) | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 45.3% | 32.3% | 13.1% | East Asia & Pacific (excluding high income) |
| 1980s | 52.8% | 43.1% | 9.7% | East Asia & Pacific (excluding high income) |
| 1990s | 85.9% | 51.6% | 34.2% | East Asia & Pacific (excluding high income) |
| 2000s | 98.1% | 110.3% | 12.2% | Korea |
| 2010s | 127.3% | 128.5% | 1.2% | Korea |
| 2020s | 167.6% | 160.3% | 7.3% | East Asia & Pacific (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, East Asia & Pacific (excluding high income) or Korea?
- East Asia & Pacific (excluding high income), at 176.6% against 160.3% in Korea as of 2024.
- What is the difference in monetary sector credit to private sector between East Asia & Pacific (excluding high income) and Korea?
- 16.3%, with East Asia & Pacific (excluding high income) ahead.
- How many years of comparable data are there for East Asia & Pacific (excluding high income) and Korea?
- 48 years are reported by both, from 1977 to 2024.
- How do East Asia & Pacific (excluding high income) and Korea rank globally for monetary sector credit to private sector?
- East Asia & Pacific (excluding high income) ranks 1st and Korea ranks 4th of 47 groups.
- 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.