Cyprus vs South Korea: Private credit by deposit money banks and other financial

Cyprus
180.6%
in 2007
South Korea
171.5%
in 2021
Cyprus rank
5th
South Korea rank
7th

Private credit by deposit money banks and other financial over time

  • Cyprus
  • South Korea
050100150200196019902021

How they compare

Cyprus currently reports 180.6% against 171.5% in South Korea, a difference of 9.1%.

That makes Cyprus's figure about 1.1 times South Korea's.

The two have swapped places 2 times across 33 shared years of data; in 1975 it was Cyprus ahead.

Cyprus ranks 5th and South Korea ranks 7th of 187 countries.

Cyprus has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Cyprus South Korea Difference Ahead
1970s 70.4% 38.8% 31.6% Cyprus
1980s 66.6% 51.2% 15.3% Cyprus
1990s 121.5% 58.7% 62.9% Cyprus
2000s 124.5% 84.5% 39.9% Cyprus

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, Cyprus or South Korea?
Cyprus, at 180.6% against 171.5% in South Korea as of 2007.
What is the difference in private credit by deposit money banks and other financial between Cyprus and South Korea?
9.1%, with Cyprus ahead.
How many years of comparable data are there for Cyprus and South Korea?
33 years are reported by both, from 1975 to 2007.
How do Cyprus and South Korea rank globally for private credit by deposit money banks and other financial?
Cyprus ranks 5th and South Korea ranks 7th of 187 countries.
Where does this data come from?
International Financial Statistics (IFS), International Monetary Fund (IMF), published as Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs South Korea: Private credit by deposit money banks and other financial. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/compare/private-credit-by-deposit-money-banks-and-other-financial-institutions-to-gdp-percent/cyprus/korea-rep/

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About this data

Indicator
Private credit by deposit money banks and other financial institutions to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,619 data points, 1960–2021
Last refreshed

Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)