Euro area vs Korea: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Euro area
- Korea
How they compare
Korea currently reports 160.3% against 77.1% in Euro area, a difference of 83.2%.
That makes Korea's figure about 2.1 times Euro area's.
Across all 24 years both countries report, Korea has been ahead every year.
Euro area ranks 12th and Korea ranks 4th of 47 groups.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Euro area | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 95.2% | 114.9% | 19.6% | Korea |
| 2010s | 92.4% | 128.5% | 36.1% | Korea |
| 2020s | 84.8% | 160.3% | 75.5% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Euro area or Korea?
- Korea, at 160.3% against 77.1% in Euro area as of 2024.
- What is the difference in monetary sector credit to private sector between Euro area and Korea?
- 83.2%, with Korea ahead.
- How many years of comparable data are there for Euro area and Korea?
- 24 years are reported by both, from 2001 to 2024.
- How do Euro area and Korea rank globally for monetary sector credit to private sector?
- Euro area ranks 12th 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.