Broad Money (Domestic currency) in Korea
Korea: Broad Money (Domestic currency) was 4,160.36 trillion Domestic currency in 2024. ▲ Rising
Broad Money in Korea, 2001–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
In 2024, broad money in Korea stood at 4,160.36 trillion Domestic currency. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 6.6% on the previous year and up 100.3% over ten years.
Over the whole period, broad money in Korea peaked at 4,160.36 trillion Domestic currency in 2024 and was at its lowest, 764.98 trillion Domestic currency, in 2001.
Korea ranks 2nd of 144 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 24 years of available data.
Broad Money (Domestic currency) in Korea, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2001 | 764.98 trillion Domestic currency | — |
| 2002 | 872.08 trillion Domestic currency | +14.0% |
| 2003 | 898.07 trillion Domestic currency | +3.0% |
| 2004 | 954.72 trillion Domestic currency | +6.3% |
| 2005 | 1,021.45 trillion Domestic currency | +7.0% |
| 2006 | 1,149.26 trillion Domestic currency | +12.5% |
| 2007 | 1,273.61 trillion Domestic currency | +10.8% |
| 2008 | 1,425.89 trillion Domestic currency | +12.0% |
| 2009 | 1,566.85 trillion Domestic currency | +9.9% |
| 2010 | 1,660.53 trillion Domestic currency | +6.0% |
| 2011 | 1,751.46 trillion Domestic currency | +5.5% |
| 2012 | 1,835.64 trillion Domestic currency | +4.8% |
| 2013 | 1,920.80 trillion Domestic currency | +4.6% |
| 2014 | 2,077.23 trillion Domestic currency | +8.1% |
| 2015 | 2,247.38 trillion Domestic currency | +8.2% |
| 2016 | 2,407.46 trillion Domestic currency | +7.1% |
| 2017 | 2,530.35 trillion Domestic currency | +5.1% |
| 2018 | 2,700.36 trillion Domestic currency | +6.7% |
| 2019 | 2,913.61 trillion Domestic currency | +7.9% |
| 2020 | 3,199.84 trillion Domestic currency | +9.8% |
| 2021 | 3,613.69 trillion Domestic currency | +12.9% |
| 2022 | 3,758.24 trillion Domestic currency | +4.0% |
| 2023 | 3,904.55 trillion Domestic currency | +3.9% |
| 2024 | 4,160.36 trillion Domestic currency | +6.6% |
Korea compared with similar countries
- Korea's 4,160.36 trillion Domestic currency is above the median for high income countries, which is 1.83 trillion Domestic currency, 2272.1× the median. (33 countries reporting)
- Korea's 4,160.36 trillion Domestic currency is above the median for East Asia & Pacific, which is 3.07 trillion Domestic currency, 1355.2× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,102.99 trillion Domestic currency | 764.98 trillion Domestic currency | 1,566.85 trillion Domestic currency | 9 |
| 2010s | 2,204.48 trillion Domestic currency | 1,660.53 trillion Domestic currency | 2,913.61 trillion Domestic currency | 10 |
| 2020s | 3,727.34 trillion Domestic currency | 3,199.84 trillion Domestic currency | 4,160.36 trillion Domestic currency | 5 |
Countries ranked near Korea
More financial sector data for 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 in Korea?
- Broad money in Korea was 4,160.36 trillion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest broad money recorded in Korea?
- The highest recorded value was 4,160.36 trillion Domestic currency in 2024.
- What is the lowest broad money recorded in Korea?
- The lowest recorded value was 764.98 trillion Domestic currency in 2001.
- How does Korea rank for broad money?
- Korea ranks 2nd out of 144 countries with data for 2024.
- Is broad money rising or falling in Korea?
- Over the last ten years it is up 100.3%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Broad Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.