Bank credit to bank deposits in Republic of Korea
Republic of Korea: Bank credit to bank deposits was 106.9% in 2021. ▬ Flat
Latest (2021)
106.9%
Change on year
down 0.8%
World rank
29th
of 186 countries
All-time high
168.5%
in 2007
All-time low
91.6%
in 1960
Years of data
62
1960–2021
Bank credit to bank deposits in Republic of Korea, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Republic of 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 Republic of Korea peaked at 168.5% in 2007 and was at its lowest, 91.6%, in 1960.
That places Republic of Korea 29th out of 186 countries with data for 2021, putting it in the top quarter.
Bank credit to bank deposits in Republic of 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% |
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 Republic of Korea
More financial sector data for Republic of 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 Republic of Korea?
- Bank credit to bank deposits in Republic of 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 Republic of Korea?
- The highest recorded value was 168.5% in 2007.
- What is the lowest bank credit to bank deposits recorded in Republic of Korea?
- The lowest recorded value was 91.6% in 1960.
- How does Republic of Korea rank for bank credit to bank deposits?
- Republic of Korea ranks 29th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Republic of Korea?
- Over the last ten years it is down 20.3%. The long-run trend across the full record is flat.
- Where does this Republic of 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.
Download this data
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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).