Broad money growth (annual %) in South Korea
South Korea: Broad money growth (annual %) was 6.6% in 2024. ◆ Volatile
Broad money growth in South Korea, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
South Korea recorded 6.6% for broad money growth in 2024.
The figure is up 68.3% on the previous year and down 19.6% over ten years.
Over the whole period, broad money growth in South Korea peaked at 85.2% in 2001 and was at its lowest, 3.0%, in 2003.
South Korea ranks 119th of 167 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 growth (annual %) in South Korea, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 45.9% | — |
| 1962 | 25.3% | -44.9% |
| 1963 | 7.3% | -71.2% |
| 1964 | 14.8% | +102.9% |
| 1965 | 52.6% | +255.4% |
| 1966 | 61.7% | +17.2% |
| 1967 | 61.7% | +0.1% |
| 1968 | 72.4% | +17.2% |
| 1969 | 61.0% | -15.7% |
| 1970 | 27.4% | -55.0% |
| 1971 | 20.8% | -24.0% |
| 1972 | 33.8% | +62.2% |
| 1973 | 36.4% | +7.7% |
| 1974 | 24.0% | -34.0% |
| 1975 | 28.2% | +17.5% |
| 1976 | 33.5% | +18.6% |
| 1977 | 39.7% | +18.6% |
| 1978 | 35.0% | -11.9% |
| 1979 | 24.6% | -29.7% |
| 1980 | 26.9% | +9.4% |
| 1981 | 25.0% | -7.0% |
| 1982 | 27.0% | +7.9% |
| 1983 | 15.2% | -43.6% |
| 1984 | 7.7% | -49.4% |
| 1985 | 15.6% | +102.8% |
| 1986 | 18.4% | +18.0% |
| 1987 | 19.1% | +3.3% |
| 1988 | 21.5% | +12.8% |
| 1989 | 19.8% | -7.8% |
| 1990 | 17.2% | -13.3% |
| 1991 | 21.9% | +27.4% |
| 1992 | 14.9% | -31.7% |
| 1993 | 16.6% | +11.0% |
| 1994 | 18.7% | +12.6% |
| 1995 | 15.6% | -16.5% |
| 1996 | 15.8% | +1.5% |
| 1997 | 14.1% | -10.6% |
| 1998 | 27.0% | +91.1% |
| 1999 | 27.4% | +1.3% |
| 2000 | 25.4% | -7.1% |
| 2001 | 85.2% | +235.1% |
| 2002 | 14.0% | -83.6% |
| 2003 | 3.0% | -78.7% |
| 2004 | 6.3% | +111.6% |
| 2005 | 7.0% | +10.8% |
| 2006 | 12.5% | +79.0% |
| 2007 | 10.8% | -13.5% |
| 2008 | 12.0% | +10.5% |
| 2009 | 9.9% | -17.3% |
| 2010 | 6.0% | -39.5% |
| 2011 | 5.5% | -8.4% |
| 2012 | 4.8% | -12.2% |
| 2013 | 4.6% | -3.5% |
| 2014 | 8.1% | +75.6% |
| 2015 | 8.2% | +0.6% |
| 2016 | 7.1% | -13.0% |
| 2017 | 5.1% | -28.3% |
| 2018 | 6.7% | +31.6% |
| 2019 | 7.9% | +17.5% |
| 2020 | 9.8% | +24.4% |
| 2021 | 12.9% | +31.7% |
| 2022 | 4.0% | -69.1% |
| 2023 | 3.9% | -2.7% |
| 2024 | 6.6% | +68.3% |
South Korea compared with similar countries
- South Korea's 6.6% is above the median for high income countries, which is 5.9%, 1.1× the median. (41 countries reporting)
- South Korea's 6.6% is below the median for East Asia & Pacific, which is 7.4%, 88% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money growth (annual %) 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% | 52.6% |
| 2001 | +235.1% | 25.4% | 85.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.7% | 7.3% | 72.4% | 9 |
| 1970s | 30.4% | 20.8% | 39.7% | 10 |
| 1980s | 19.6% | 7.7% | 27.0% | 10 |
| 1990s | 18.9% | 14.1% | 27.4% | 10 |
| 2000s | 18.6% | 3.0% | 85.2% | 10 |
| 2010s | 6.4% | 4.6% | 8.2% | 10 |
| 2020s | 7.4% | 3.9% | 12.9% | 5 |
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 broad money growth in South Korea?
- Broad money growth in South Korea was 6.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money growth recorded in South Korea?
- The highest recorded value was 85.2% in 2001.
- What is the lowest broad money growth recorded in South Korea?
- The lowest recorded value was 3.0% in 2003.
- How does South Korea rank for broad money growth?
- South Korea ranks 119th out of 167 countries with data for 2024.
- Is broad money growth 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 International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.