Claims on other sectors of the domestic economy in South Korea
South Korea: Claims on other sectors of the domestic economy was 5.7% in 2024. ◆ Volatile
Claims on other sectors of the domestic economy in South Korea, 2002–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual growth as % of broad money.
Analysis
South Korea recorded 5.7% for claims on other sectors of the domestic economy in 2024.
The figure is up 13.1% on the previous year and down 35.2% over ten years.
Over the whole period, claims on other sectors of the domestic economy in South Korea peaked at 20.3% in 2008 and was at its lowest, 0.7%, in 2004.
South Korea ranks 79th of 151 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.
Claims on other sectors of the domestic economy in South Korea, year by year
| Year | annual growth as % of broad money | Change |
|---|---|---|
| 2002 | 19.3% | — |
| 2003 | 2.7% | -86.1% |
| 2004 | 0.7% | -73.3% |
| 2005 | 9.9% | +1272.4% |
| 2006 | 18.8% | +90.7% |
| 2007 | 17.4% | -7.4% |
| 2008 | 20.3% | +16.5% |
| 2009 | 2.8% | -86.2% |
| 2010 | 5.9% | +111.8% |
| 2011 | 8.5% | +43.1% |
| 2012 | 4.6% | -46.1% |
| 2013 | 3.6% | -20.8% |
| 2014 | 8.8% | +142.8% |
| 2015 | 8.9% | +0.5% |
| 2016 | 8.3% | -6.6% |
| 2017 | 7.3% | -11.3% |
| 2018 | 9.2% | +24.8% |
| 2019 | 10.4% | +13.5% |
| 2020 | 10.7% | +2.6% |
| 2021 | 13.4% | +25.4% |
| 2022 | 8.2% | -38.6% |
| 2023 | 5.0% | -38.5% |
| 2024 | 5.7% | +13.1% |
South Korea compared with similar countries
- South Korea's 5.7% is above the median for high income countries, which is 3.8%, 1.5× the median. (35 countries reporting)
- South Korea's 5.7% is above the median for East Asia & Pacific, which is 4.1%, 1.4× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Claims on other sectors of the domestic economy 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 |
|---|---|---|---|
| 2005 | +1272.4% | 0.7% | 9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.5% | 0.7% | 20.3% | 8 |
| 2010s | 7.5% | 3.6% | 10.4% | 10 |
| 2020s | 8.6% | 5.0% | 13.4% | 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 claims on other sectors of the domestic economy in South Korea?
- Claims on other sectors of the domestic economy in South Korea was 5.7% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest claims on other sectors of the domestic economy recorded in South Korea?
- The highest recorded value was 20.3% in 2008.
- What is the lowest claims on other sectors of the domestic economy recorded in South Korea?
- The lowest recorded value was 0.7% in 2004.
- How does South Korea rank for claims on other sectors of the domestic economy?
- South Korea ranks 79th out of 151 countries with data for 2024.
- Is claims on other sectors of the domestic economy rising or falling in South Korea?
- Over the last ten years it is down 35.2%. 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 Claims on other sectors of the domestic economy (annual growth as % of broad money). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. 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.