Broad money (current LCU), annual growth rate in South Korea
South Korea: Broad money (current LCU), annual growth rate was 6.55 % change on previous year in 2024. ◆ Volatile
Latest (2024)
6.55 % change on previous year
Change on year
up 68.3%
World rank
115th
of 166 countries
All-time high
85.2 % change on previous year
in 2001
All-time low
2.98 % change on previous year
in 2003
Years of data
64
1961–2024
Broad money (current LCU), annual growth rate in South Korea, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, broad money (current lcu), annual growth rate in South Korea stood at 6.55 % change on previous year.
Compared with earlier readings it is up 68.3% on the previous year and down 19.6% over ten years.
Over the whole period, broad money (current lcu), annual growth rate in South Korea peaked at 85.2 % change on previous year in 2001 and was at its lowest, 2.98 % change on previous year, in 2003.
South Korea ranks 115th of 166 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (current LCU), annual growth rate in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 45.91 % change on previous year | — |
| 1962 | 25.31 % change on previous year | -44.9% |
| 1963 | 7.29 % change on previous year | -71.2% |
| 1964 | 14.8 % change on previous year | +102.9% |
| 1965 | 52.61 % change on previous year | +255.4% |
| 1966 | 61.66 % change on previous year | +17.2% |
| 1967 | 61.74 % change on previous year | +0.1% |
| 1968 | 72.37 % change on previous year | +17.2% |
| 1969 | 60.98 % change on previous year | -15.7% |
| 1970 | 27.42 % change on previous year | -55.0% |
| 1971 | 20.84 % change on previous year | -24.0% |
| 1972 | 33.82 % change on previous year | +62.2% |
| 1973 | 36.41 % change on previous year | +7.7% |
| 1974 | 24.04 % change on previous year | -34.0% |
| 1975 | 28.23 % change on previous year | +17.5% |
| 1976 | 33.48 % change on previous year | +18.6% |
| 1977 | 39.71 % change on previous year | +18.6% |
| 1978 | 34.97 % change on previous year | -11.9% |
| 1979 | 24.58 % change on previous year | -29.7% |
| 1980 | 26.89 % change on previous year | +9.4% |
| 1981 | 25.03 % change on previous year | -6.9% |
| 1982 | 27.01 % change on previous year | +7.9% |
| 1983 | 15.24 % change on previous year | -43.6% |
| 1984 | 7.71 % change on previous year | -49.4% |
| 1985 | 15.62 % change on previous year | +102.7% |
| 1986 | 18.44 % change on previous year | +18.0% |
| 1987 | 19.05 % change on previous year | +3.3% |
| 1988 | 21.5 % change on previous year | +12.8% |
| 1989 | 19.82 % change on previous year | -7.8% |
| 1990 | 17.17 % change on previous year | -13.3% |
| 1991 | 21.89 % change on previous year | +27.4% |
| 1992 | 14.94 % change on previous year | -31.7% |
| 1993 | 16.58 % change on previous year | +11.0% |
| 1994 | 18.68 % change on previous year | +12.6% |
| 1995 | 15.59 % change on previous year | -16.5% |
| 1996 | 15.83 % change on previous year | +1.5% |
| 1997 | 14.14 % change on previous year | -10.6% |
| 1998 | 27.03 % change on previous year | +91.1% |
| 1999 | 27.38 % change on previous year | +1.3% |
| 2000 | 25.43 % change on previous year | -7.1% |
| 2001 | 85.2 % change on previous year | +235.1% |
| 2002 | 14 % change on previous year | -83.6% |
| 2003 | 2.98 % change on previous year | -78.7% |
| 2004 | 6.31 % change on previous year | +111.7% |
| 2005 | 6.99 % change on previous year | +10.8% |
| 2006 | 12.51 % change on previous year | +79.0% |
| 2007 | 10.82 % change on previous year | -13.5% |
| 2008 | 11.96 % change on previous year | +10.5% |
| 2009 | 9.89 % change on previous year | -17.3% |
| 2010 | 5.98 % change on previous year | -39.5% |
| 2011 | 5.48 % change on previous year | -8.4% |
| 2012 | 4.81 % change on previous year | -12.2% |
| 2013 | 4.64 % change on previous year | -3.5% |
| 2014 | 8.14 % change on previous year | +75.5% |
| 2015 | 8.19 % change on previous year | +0.6% |
| 2016 | 7.12 % change on previous year | -13.0% |
| 2017 | 5.1 % change on previous year | -28.3% |
| 2018 | 6.72 % change on previous year | +31.6% |
| 2019 | 7.9 % change on previous year | +17.5% |
| 2020 | 9.82 % change on previous year | +24.4% |
| 2021 | 12.93 % change on previous year | +31.7% |
| 2022 | 4 % change on previous year | -69.1% |
| 2023 | 3.89 % change on previous year | -2.7% |
| 2024 | 6.55 % change on previous year | +68.3% |
South Korea compared with similar countries
- South Korea's 6.55 % change on previous year is above the median for high income countries, which is 5.94 % change on previous year, 1.1× the median. (41 countries reporting)
- South Korea's 6.55 % change on previous year is below the median for East Asia & Pacific, which is 7.06 % change on previous year, 93% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money (current LCU), annual growth rate 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 |
|---|---|---|---|
| 1965 | +255.4% | 14.8 % change on previous year | 52.61 % change on previous year |
| 2001 | +235.1% | 25.43 % change on previous year | 85.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.74 % change on previous year | 7.29 % change on previous year | 72.37 % change on previous year | 9 |
| 1970s | 30.35 % change on previous year | 20.84 % change on previous year | 39.71 % change on previous year | 10 |
| 1980s | 19.63 % change on previous year | 7.71 % change on previous year | 27.01 % change on previous year | 10 |
| 1990s | 18.92 % change on previous year | 14.14 % change on previous year | 27.38 % change on previous year | 10 |
| 2000s | 18.61 % change on previous year | 2.98 % change on previous year | 85.2 % change on previous year | 10 |
| 2010s | 6.41 % change on previous year | 4.64 % change on previous year | 8.19 % change on previous year | 10 |
| 2020s | 7.44 % change on previous year | 3.89 % change on previous year | 12.93 % change on previous year | 5 |
Countries ranked near South Korea
- 112 China 6.81 % change on previous year compare
- 113 Namibia 6.76 % change on previous year compare
- 114 Australia 6.66 % change on previous year compare
- 116 Israel 6.36 % change on previous year compare
- 117 Jordan 6.09 % change on previous year compare
- 118 United States 6.04 % change on previous year compare
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 broad money (current lcu), annual growth rate in South Korea?
- Broad money (current lcu), annual growth rate in South Korea was 6.55 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest broad money (current lcu), annual growth rate recorded in South Korea?
- The highest recorded value was 85.2 % change on previous year in 2001.
- What is the lowest broad money (current lcu), annual growth rate recorded in South Korea?
- The lowest recorded value was 2.98 % change on previous year in 2003.
- How does South Korea rank for broad money (current lcu), annual growth rate?
- South Korea ranks 115th out of 166 countries with data for 2024.
- Is broad money (current lcu), annual growth rate rising or falling in South Korea?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Broad money (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Broad money International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Broad money (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.