Bank credit to bank deposits (%) in South Korea
South Korea: Bank credit to bank deposits (%) was 106.9% in 2021. ▬ Flat
Bank credit to bank deposits in South Korea, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
South Korea recorded 106.9% for bank credit to bank deposits in 2021.
The figure is down 0.8% on the previous year and down 20.3% over ten years.
Over the whole period, bank credit to bank deposits in South Korea peaked at 168.5% in 2007 and was at its lowest, 91.6%, in 1960.
That places South Korea 29th out of 186 countries with data for 2021, putting it in the top quarter.
Bank credit to bank deposits (%) in South Korea, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 91.6% | — |
| 1961 | 150.7% | +64.5% |
| 1962 | 136.4% | -9.4% |
| 1963 | 149.5% | +9.6% |
| 1964 | 158.1% | +5.7% |
| 1965 | 124.8% | -21.1% |
| 1966 | 100.1% | -19.8% |
| 1967 | 112.4% | +12.3% |
| 1968 | 121.0% | +7.7% |
| 1969 | 116.8% | -3.5% |
| 1970 | 118.7% | +1.7% |
| 1971 | 127.2% | +7.2% |
| 1972 | 115.3% | -9.4% |
| 1973 | 112.1% | -2.7% |
| 1974 | 136.8% | +22.0% |
| 1975 | 132.2% | -3.4% |
| 1976 | 124.0% | -6.2% |
| 1977 | 110.8% | -10.7% |
| 1978 | 123.7% | +11.6% |
| 1979 | 137.0% | +10.8% |
| 1980 | 148.3% | +8.2% |
| 1981 | 145.9% | -1.6% |
| 1982 | 143.9% | -1.4% |
| 1983 | 147.0% | +2.1% |
| 1984 | 155.3% | +5.7% |
| 1985 | 158.1% | +1.7% |
| 1986 | 152.1% | -3.7% |
| 1987 | 145.6% | -4.3% |
| 1988 | 134.4% | -7.7% |
| 1989 | 141.1% | +4.9% |
| 1990 | 152.1% | +7.8% |
| 1991 | 149.9% | -1.4% |
| 1992 | 146.0% | -2.6% |
| 1993 | 144.1% | -1.3% |
| 1994 | 144.6% | +0.4% |
| 1995 | 144.7% | +0.1% |
| 1996 | 147.8% | +2.2% |
| 1997 | 156.4% | +5.8% |
| 1998 | 130.3% | -16.7% |
| 1999 | 123.8% | -5.0% |
| 2000 | 115.7% | -6.6% |
| 2001 | 116.0% | +0.3% |
| 2002 | 125.9% | +8.5% |
| 2003 | 128.3% | +1.9% |
| 2004 | 131.0% | +2.1% |
| 2005 | 136.6% | +4.3% |
| 2006 | 150.0% | +9.8% |
| 2007 | 168.5% | +12.3% |
| 2008 | 166.8% | -1.0% |
| 2009 | 152.7% | -8.5% |
| 2010 | 138.8% | -9.1% |
| 2011 | 134.1% | -3.4% |
| 2012 | 130.2% | -3.0% |
| 2013 | 108.9% | -16.3% |
| 2014 | 108.3% | -0.5% |
| 2015 | 106.2% | -2.0% |
| 2016 | 106.4% | +0.2% |
| 2017 | 108.5% | +2.0% |
| 2018 | 108.4% | -0.1% |
| 2019 | 107.8% | -0.5% |
| 2020 | 107.8% | -0.1% |
| 2021 | 106.9% | -0.8% |
South Korea compared with similar countries
- South Korea's 106.9% is above the median for high income countries, which is 81.6%, 1.3× the median. (61 countries reporting)
- South Korea's 106.9% is above the median for East Asia & Pacific, which is 77.0%, 1.4× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Bank credit to bank deposits (%) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +64.5% | 91.6% | 150.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 126.1% | 91.6% | 158.1% | 10 |
| 1970s | 123.8% | 110.8% | 137.0% | 10 |
| 1980s | 147.2% | 134.4% | 158.1% | 10 |
| 1990s | 144.0% | 123.8% | 156.4% | 10 |
| 2000s | 139.1% | 115.7% | 168.5% | 10 |
| 2010s | 115.8% | 106.2% | 138.8% | 10 |
| 2020s | 107.3% | 106.9% | 107.8% | 2 |
Countries ranked near South Korea
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in South Korea?
- Bank credit to bank deposits in South Korea was 106.9% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in South Korea?
- The highest recorded value was 168.5% in 2007.
- What is the lowest bank credit to bank deposits recorded in South Korea?
- The lowest recorded value was 91.6% in 1960.
- How does South Korea rank for bank credit to bank deposits?
- South Korea ranks 29th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in South Korea?
- Over the last ten years it is down 20.3%. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).