Broad money (% of GDP) in South Korea
South Korea: Broad money (% of GDP) was 162.7% in 2024. ◆ Volatile
Broad money in South Korea, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
South Korea recorded 162.7% for broad money in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 28.3% over ten years.
Over the whole period, broad money in South Korea peaked at 162.7% in 2024 and was at its lowest, 8.6%, in 1964.
South Korea ranks 8th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Broad money (% of GDP) in South Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.3% | — |
| 1961 | 13.6% | +20.8% |
| 1962 | 14.1% | +3.3% |
| 1963 | 10.6% | -24.3% |
| 1964 | 8.6% | -19.6% |
| 1965 | 11.6% | +35.6% |
| 1966 | 14.6% | +26.0% |
| 1967 | 19.2% | +31.1% |
| 1968 | 25.7% | +33.8% |
| 1969 | 31.6% | +23.1% |
| 1970 | 31.8% | +0.8% |
| 1971 | 31.2% | -1.8% |
| 1972 | 33.6% | +7.6% |
| 1973 | 35.3% | +5.1% |
| 1974 | 30.6% | -13.5% |
| 1975 | 29.4% | -3.8% |
| 1976 | 28.6% | -2.8% |
| 1977 | 31.1% | +8.6% |
| 1978 | 31.0% | -0.2% |
| 1979 | 30.0% | -3.3% |
| 1980 | 31.0% | +3.4% |
| 1981 | 31.0% | -0.1% |
| 1982 | 34.1% | +10.0% |
| 1983 | 33.0% | -3.1% |
| 1984 | 30.7% | -6.9% |
| 1985 | 31.6% | +3.0% |
| 1986 | 32.0% | +1.1% |
| 1987 | 32.2% | +0.5% |
| 1988 | 32.6% | +1.2% |
| 1989 | 34.3% | +5.5% |
| 1990 | 33.2% | -3.2% |
| 1991 | 33.5% | +0.8% |
| 1992 | 33.6% | +0.3% |
| 1993 | 34.5% | +2.5% |
| 1994 | 34.6% | +0.4% |
| 1995 | 34.0% | -1.6% |
| 1996 | 35.1% | +3.1% |
| 1997 | 36.3% | +3.4% |
| 1998 | 46.4% | +27.9% |
| 1999 | 53.7% | +15.7% |
| 2000 | 61.1% | +13.8% |
| 2001 | 104.4% | +70.8% |
| 2002 | 107.2% | +2.7% |
| 2003 | 103.5% | -3.5% |
| 2004 | 101.3% | -2.1% |
| 2005 | 102.6% | +1.4% |
| 2006 | 109.9% | +7.1% |
| 2007 | 112.3% | +2.1% |
| 2008 | 118.5% | +5.6% |
| 2009 | 124.8% | +5.3% |
| 2010 | 120.4% | -3.6% |
| 2011 | 120.9% | +0.4% |
| 2012 | 122.0% | +0.9% |
| 2013 | 122.3% | +0.2% |
| 2014 | 126.8% | +3.7% |
| 2015 | 129.1% | +1.8% |
| 2016 | 131.3% | +1.7% |
| 2017 | 130.8% | -0.4% |
| 2018 | 134.5% | +2.9% |
| 2019 | 142.8% | +6.1% |
| 2020 | 155.4% | +8.9% |
| 2021 | 162.6% | +4.6% |
| 2022 | 161.7% | -0.6% |
| 2023 | 162.1% | +0.2% |
| 2024 | 162.7% | +0.4% |
South Korea compared with similar countries
- South Korea's 162.7% is above the median for high income countries, which is 83.3%, 2.0× the median. (41 countries reporting)
- South Korea's 162.7% is above the median for East Asia & Pacific, which is 89.8%, 1.8× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Broad money (% of GDP) 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 |
|---|---|---|---|
| 2001 | +70.8% | 61.1% | 104.4% |
| 1965 | +35.6% | 8.6% | 11.6% |
| 1968 | +33.8% | 19.2% | 25.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.1% | 8.6% | 31.6% | 10 |
| 1970s | 31.3% | 28.6% | 35.3% | 10 |
| 1980s | 32.2% | 30.7% | 34.3% | 10 |
| 1990s | 37.5% | 33.2% | 53.7% | 10 |
| 2000s | 104.6% | 61.1% | 124.8% | 10 |
| 2010s | 128.1% | 120.4% | 142.8% | 10 |
| 2020s | 160.9% | 155.4% | 162.7% | 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 in South Korea?
- Broad money in South Korea was 162.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money recorded in South Korea?
- The highest recorded value was 162.7% in 2024.
- What is the lowest broad money recorded in South Korea?
- The lowest recorded value was 8.6% in 1964.
- How does South Korea rank for broad money?
- South Korea ranks 8th out of 167 countries with data for 2024.
- Is broad money rising or falling in South Korea?
- Over the last ten years it is up 28.3%. 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.