Claims on central government in Korea
Korea: Claims on central government was 1.0% in 2024. ◆ Volatile
Claims on central government in Korea, 1961–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
In 2024, claims on central government in Korea stood at 1.0%.
That represents a change of down 8.9% on the previous year and up 28.6% over ten years.
Over the whole period, claims on central government in Korea peaked at 13.6% in 1962 and was at its lowest, -15.1%, in 1961.
That places Korea 99th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Claims on central government in Korea, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 1961 | -15.1% | — |
| 1962 | 13.6% | -190.3% |
| 1963 | 0.3% | -97.7% |
| 1964 | -7.9% | -2598.7% |
| 1965 | -2.1% | -72.8% |
| 1966 | -9.7% | +352.6% |
| 1967 | -1.2% | -88.0% |
| 1968 | -7.9% | +578.5% |
| 1969 | -5.4% | -32.2% |
| 1970 | -4.0% | -25.7% |
| 1971 | -1.7% | -57.0% |
| 1972 | 7.6% | -542.1% |
| 1973 | 1.2% | -84.4% |
| 1974 | 5.9% | +396.4% |
| 1975 | 8.5% | +43.8% |
| 1976 | -0.8% | -109.8% |
| 1977 | -2.6% | +216.6% |
| 1978 | 1.2% | -146.3% |
| 1979 | -1.6% | -232.1% |
| 1980 | 3.9% | -343.0% |
| 1981 | 7.3% | +88.5% |
| 1982 | 2.1% | -71.6% |
| 1983 | -1.2% | -155.7% |
| 1984 | -0.2% | -87.1% |
| 1985 | 0.2% | -244.4% |
| 1986 | 0.1% | -31.2% |
| 1987 | -4.3% | -3012.1% |
| 1988 | -5.5% | +26.6% |
| 1989 | -4.3% | -22.0% |
| 1990 | -2.5% | -41.4% |
| 1991 | 1.1% | -143.7% |
| 1992 | -0.6% | -151.4% |
| 1993 | -1.8% | +224.9% |
| 1994 | -2.5% | +37.2% |
| 1995 | -3.1% | +21.2% |
| 1996 | -1.3% | -57.9% |
| 1997 | -2.2% | +73.6% |
| 1998 | 1.2% | -152.7% |
| 1999 | 0.3% | -74.2% |
| 2000 | -1.1% | -479.2% |
| 2001 | -1.4% | +17.7% |
| 2002 | -0.9% | -32.0% |
| 2003 | -0.5% | -48.0% |
| 2004 | 1.8% | -468.4% |
| 2005 | -0.4% | -123.3% |
| 2006 | -0.7% | +81.3% |
| 2007 | -3.5% | +368.1% |
| 2008 | -0.2% | -93.8% |
| 2009 | 1.3% | -711.0% |
| 2010 | 0.4% | -71.7% |
| 2011 | -0.7% | -277.7% |
| 2012 | 1.4% | -316.0% |
| 2013 | 0.8% | -47.8% |
| 2014 | 0.8% | +6.7% |
| 2015 | 0.0% | -99.7% |
| 2016 | 0.2% | +6323.0% |
| 2017 | -0.8% | -618.4% |
| 2018 | -0.9% | +9.7% |
| 2019 | 0.2% | -121.9% |
| 2020 | 0.5% | +168.9% |
| 2021 | 0.4% | -23.7% |
| 2022 | 0.4% | +15.1% |
| 2023 | 1.1% | +154.7% |
| 2024 | 1.0% | -8.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -3.9% | -15.1% | 13.6% | 9 |
| 1970s | 1.4% | -4.0% | 8.5% | 10 |
| 1980s | -0.2% | -5.5% | 7.3% | 10 |
| 1990s | -1.1% | -3.1% | 1.2% | 10 |
| 2000s | -0.6% | -3.5% | 1.8% | 10 |
| 2010s | 0.1% | -0.9% | 1.4% | 10 |
| 2020s | 0.7% | 0.4% | 1.1% | 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 claims on central government in Korea?
- Claims on central government in Korea was 1.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on central government recorded in Korea?
- The highest recorded value was 13.6% in 1962.
- What is the lowest claims on central government recorded in Korea?
- The lowest recorded value was -15.1% in 1961.
- How does Korea rank for claims on central government?
- Korea ranks 99th out of 167 countries with data for 2024.
- Is claims on central government rising or falling in Korea?
- Over the last ten years it is up 28.6%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Claims on central government (annual growth as % of broad money). Statizoid updates them automatically from the source API.
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About this data
Claims on central government include loans to central government institutions net of deposits. 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 represents the annual percentage growth in the ratio of claims to broad money.