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

South Korea
171.5%
in 2021
Thailand
164.2%
in 2021
South Korea rank
7th
Thailand rank
10th

Private credit by deposit money banks and other financial over time

  • South Korea
  • Thailand
050100150196019902021

How they compare

South Korea currently reports 171.5% against 164.2% in Thailand, a difference of 7.3%.

The two have swapped places 6 times across 62 shared years of data; in 1960 it was South Korea ahead.

South Korea ranks 7th and Thailand ranks 10th of 187 countries.

Across the 7 decades both report, South Korea averaged higher in 3 and Thailand in 4.

Head to head by decade

Decade South Korea Thailand Difference Ahead
1960s 19.7% 13.3% 6.4% South Korea
1970s 39.9% 29.3% 10.6% South Korea
1980s 51.2% 54.7% 3.5% Thailand
1990s 58.7% 122.8% 64.2% Thailand
2000s 86.5% 98.8% 12.3% Thailand
2010s 122.3% 139.8% 17.5% Thailand
2020s 168.0% 162.3% 5.7% South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher private credit by deposit money banks and other financial, South Korea or Thailand?
South Korea, at 171.5% against 164.2% in Thailand as of 2021.
What is the difference in private credit by deposit money banks and other financial between South Korea and Thailand?
7.3%, with South Korea ahead.
How many years of comparable data are there for South Korea and Thailand?
62 years are reported by both, from 1960 to 2021.
How do South Korea and Thailand rank globally for private credit by deposit money banks and other financial?
South Korea ranks 7th and Thailand ranks 10th 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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South Korea vs Thailand: 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/korea-rep/thailand/

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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)