Credit to government and state-owned enterprises to GDP in Korea
Korea: Credit to government and state-owned enterprises to GDP was 9.0% in 2020. ◆ Volatile
Credit to government and state-owned enterprises to GDP in Korea, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2020, credit to government and state-owned enterprises to gdp in Korea stood at 9.0%.
The figure is up 12.9% on the previous year and down 0.5% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Korea peaked at 10.0% in 2001 and was at its lowest, 1.3%, in 1996.
That places Korea 113th out of 178 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Credit to government and state-owned enterprises to GDP in Korea, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 2.6% | — |
| 1981 | 2.9% | +9.6% |
| 1982 | 3.9% | +37.9% |
| 1983 | 3.6% | -8.1% |
| 1984 | 3.8% | +4.9% |
| 1985 | 3.5% | -6.7% |
| 1986 | 3.6% | +2.3% |
| 1987 | 3.8% | +3.8% |
| 1988 | 3.6% | -3.5% |
| 1989 | 3.1% | -15.8% |
| 1990 | 2.6% | -14.0% |
| 1991 | 2.4% | -9.6% |
| 1992 | 2.1% | -13.5% |
| 1993 | 1.9% | -8.6% |
| 1994 | 1.7% | -10.2% |
| 1995 | 1.5% | -10.4% |
| 1996 | 1.3% | -15.0% |
| 1997 | 1.5% | +17.2% |
| 1998 | 2.8% | +86.2% |
| 1999 | 3.8% | +36.1% |
| 2000 | 3.8% | +0.2% |
| 2001 | 10.0% | +161.9% |
| 2002 | 8.5% | -15.8% |
| 2003 | 8.2% | -2.8% |
| 2004 | 9.0% | +9.8% |
| 2005 | 9.2% | +1.6% |
| 2006 | 9.8% | +7.3% |
| 2007 | 8.6% | -13.1% |
| 2008 | 8.4% | -1.4% |
| 2009 | 9.5% | +13.0% |
| 2010 | 9.0% | -5.2% |
| 2011 | 8.4% | -7.5% |
| 2012 | 8.5% | +1.2% |
| 2013 | 9.0% | +6.7% |
| 2014 | 9.3% | +3.0% |
| 2015 | 9.6% | +2.9% |
| 2016 | 9.3% | -2.9% |
| 2017 | 8.1% | -12.8% |
| 2018 | 7.5% | -8.0% |
| 2019 | 8.0% | +6.9% |
| 2020 | 9.0% | +12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.5% | 2.6% | 3.9% | 10 |
| 1990s | 2.2% | 1.3% | 3.8% | 10 |
| 2000s | 8.5% | 3.8% | 10.0% | 10 |
| 2010s | 8.7% | 7.5% | 9.6% | 10 |
| 2020s | 9.0% | 9.0% | 9.0% | 1 |
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 credit to government and state-owned enterprises to gdp in Korea?
- Credit to government and state-owned enterprises to gdp in Korea was 9.0% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Korea?
- The highest recorded value was 10.0% in 2001.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Korea?
- The lowest recorded value was 1.3% in 1996.
- How does Korea rank for credit to government and state-owned enterprises to gdp?
- Korea ranks 113th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Korea?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).