Korea vs New Zealand: Monetary Sector credit to private sector
Monetary Sector credit to private sector over time
- Korea
- New Zealand
How they compare
Korea currently reports 160.3% against 129.7% in New Zealand, a difference of 30.6%.
That makes Korea's figure about 1.2 times New Zealand's.
The two have swapped places 5 times across 63 shared years of data; in 1960 it was New Zealand ahead.
Korea ranks 4th and New Zealand ranks 7th of 187 countries.
Across the 7 decades both report, Korea averaged higher in 4 and New Zealand in 3.
Head to head by decade
| Decade | Korea | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 14.5% | 14.1% | 0.3% | Korea |
| 1970s | 33.1% | 17.0% | 16.1% | Korea |
| 1980s | 43.1% | 32.4% | 10.7% | Korea |
| 1990s | 51.6% | 88.8% | 37.2% | New Zealand |
| 2000s | 110.3% | 120.4% | 10.1% | New Zealand |
| 2010s | 129.1% | 142.2% | 13.1% | New Zealand |
| 2020s | 160.3% | 135.4% | 24.9% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher monetary sector credit to private sector, Korea or New Zealand?
- Korea, at 160.3% against 129.7% in New Zealand as of 2024.
- What is the difference in monetary sector credit to private sector between Korea and New Zealand?
- 30.6%, with Korea ahead.
- How many years of comparable data are there for Korea and New Zealand?
- 63 years are reported by both, from 1960 to 2024.
- How do Korea and New Zealand rank globally for monetary sector credit to private sector?
- Korea ranks 4th and New Zealand ranks 7th 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.