Cyprus vs Korea: Private credit by deposit money banks to GDP
Private credit by deposit money banks to GDP over time
- Cyprus
- Korea
How they compare
Cyprus currently reports 180.6% against 171.5% in Korea, a difference of 9.1%.
That makes Cyprus's figure about 1.1 times Korea's.
Across all 33 years both countries report, Cyprus has been ahead every year.
Cyprus ranks 3rd and Korea ranks 5th of 187 countries.
Cyprus has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cyprus | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 70.4% | 31.9% | 38.4% | Cyprus |
| 1980s | 66.6% | 42.8% | 23.8% | Cyprus |
| 1990s | 121.5% | 50.6% | 70.9% | Cyprus |
| 2000s | 124.5% | 79.0% | 45.5% | Cyprus |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher private credit by deposit money banks to gdp, Cyprus or Korea?
- Cyprus, at 180.6% against 171.5% in Korea as of 2007.
- What is the difference in private credit by deposit money banks to gdp between Cyprus and Korea?
- 9.1%, with Cyprus ahead.
- How many years of comparable data are there for Cyprus and Korea?
- 33 years are reported by both, from 1975 to 2007.
- How do Cyprus and Korea rank globally for private credit by deposit money banks to gdp?
- Cyprus ranks 3rd and Korea ranks 5th 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 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 (IFS line 22d); 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).