External loans and deposits of reporting banks vis-à-vis the banking in Korea
Korea: External loans and deposits of reporting banks vis-à-vis the banking was 2.9% in 2021. ◆ Volatile
External loans and deposits of reporting banks vis-à-vis the banking in Korea, 1995–2021
Source: Bank for International Settlements (BIS). Measured in % of domestic bank deposits.
Analysis
Korea recorded 2.9% for external loans and deposits of reporting banks vis-à-vis the banking in 2021. That is the lowest value across all 27 years on record.
The figure is down 22.1% on the previous year and down 50.9% over ten years.
Over the whole period, external loans and deposits of reporting banks vis-à-vis the banking in Korea peaked at 20.0% in 1997 and was at its lowest, 2.9%, in 2021.
Korea ranks 160th of 180 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External loans and deposits of reporting banks vis-à-vis the banking in Korea, year by year
| Year | % of domestic bank deposits | Change |
|---|---|---|
| 1995 | 12.0% | — |
| 1996 | 12.6% | +5.5% |
| 1997 | 20.0% | +58.6% |
| 1998 | 18.6% | -7.2% |
| 1999 | 10.6% | -42.9% |
| 2000 | 7.3% | -31.1% |
| 2001 | 7.7% | +5.0% |
| 2002 | 7.0% | -8.6% |
| 2003 | 7.7% | +10.4% |
| 2004 | 10.4% | +34.1% |
| 2005 | 7.6% | -26.6% |
| 2006 | 8.1% | +6.8% |
| 2007 | 10.4% | +28.4% |
| 2008 | 6.9% | -33.7% |
| 2009 | 5.3% | -23.3% |
| 2010 | 4.7% | -12.4% |
| 2011 | 5.9% | +27.7% |
| 2012 | 5.5% | -7.8% |
| 2013 | 3.5% | -36.4% |
| 2014 | 3.2% | -7.6% |
| 2015 | 4.4% | +36.1% |
| 2016 | 4.1% | -6.0% |
| 2017 | 3.9% | -4.2% |
| 2018 | 3.4% | -13.9% |
| 2019 | 3.2% | -4.8% |
| 2020 | 3.7% | +15.8% |
| 2021 | 2.9% | -22.1% |
Korea compared with similar countries
- Korea's 2.9% is below the median for high income countries, which is 11.8%, 25% of the median. (59 countries reporting)
- Korea's 2.9% is below the median for East Asia & Pacific, which is 10.2%, 29% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.8% | 10.6% | 20.0% | 5 |
| 2000s | 7.9% | 5.3% | 10.4% | 10 |
| 2010s | 4.2% | 3.2% | 5.9% | 10 |
| 2020s | 3.3% | 2.9% | 3.7% | 2 |
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 external loans and deposits of reporting banks vis-à-vis the banking in Korea?
- External loans and deposits of reporting banks vis-à-vis the banking in Korea was 2.9% in 2021, according to Bank for International Settlements (BIS).
- What is the highest external loans and deposits of reporting banks vis-à-vis the banking recorded in Korea?
- The highest recorded value was 20.0% in 1997.
- What is the lowest external loans and deposits of reporting banks vis-à-vis the banking recorded in Korea?
- The lowest recorded value was 2.9% in 2021.
- How does Korea rank for external loans and deposits of reporting banks vis-à-vis the banking?
- Korea ranks 160th out of 180 countries with data for 2021.
- Is external loans and deposits of reporting banks vis-à-vis the banking rising or falling in Korea?
- Over the last ten years it is down 50.9%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Bank for International Settlements (BIS), published as part of External loans and deposits of reporting banks vis-à-vis the banking sector (% of domestic bank deposits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Data is from BIS Statistical Appendix Table 7A minus 7B: External loans and deposits of reporting banks vis-à-vis all sectors minus external loans and deposits of reporting banks vis-à-vis nonbanking sectors; bank deposits from IFS (IFS lines 24 and 25). End of year data (i.e. December data) are used.