Japan vs South Korea: Private credit by deposit money banks and other financial
Private credit by deposit money banks and other financial over time
- Japan
- South Korea
How they compare
Japan currently reports 194.0% against 171.5% in South Korea, a difference of 22.5%.
That makes Japan's figure about 1.1 times South Korea's.
Across all 62 years both countries report, Japan has been ahead every year.
Japan ranks 4th and South Korea ranks 7th of 187 countries.
Japan has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Japan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 75.0% | 19.7% | 55.3% | Japan |
| 1970s | 114.6% | 39.9% | 74.7% | Japan |
| 1980s | 138.2% | 51.2% | 87.0% | Japan |
| 1990s | 176.1% | 58.7% | 117.4% | Japan |
| 2000s | 171.0% | 86.5% | 84.5% | Japan |
| 2010s | 161.8% | 122.3% | 39.6% | Japan |
| 2020s | 192.5% | 168.0% | 24.5% | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks and other financial, Japan or South Korea?
- Japan, at 194.0% against 171.5% in South Korea as of 2021.
- What is the difference in private credit by deposit money banks and other financial between Japan and South Korea?
- 22.5%, with Japan ahead.
- How many years of comparable data are there for Japan and South Korea?
- 62 years are reported by both, from 1960 to 2021.
- How do Japan and South Korea rank globally for private credit by deposit money banks and other financial?
- Japan ranks 4th 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.
Individual pages
About this data
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)