Financial Institutions Depth Index in Korea
Korea: Financial Institutions Depth Index was 0.8892 in 2020. β² Rising
Financial Institutions Depth Index in Korea, 1980β2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions depth index in Korea stood at 0.8892. That is the highest value across all 41 years on record.
That represents a change of up 5.1% on the previous year and up 23.6% over ten years.
Over the whole period, financial institutions depth index in Korea peaked at 0.8892 in 2020 and was at its lowest, 0.434, in 1980.
Korea ranks 9th of 183 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4466 | 0.434 | 0.4572 | 10 |
| 1990s | 0.4765 | 0.4596 | 0.5173 | 10 |
| 2000s | 0.6419 | 0.53 | 0.7256 | 10 |
| 2010s | 0.7619 | 0.6956 | 0.8457 | 10 |
| 2020s | 0.8892 | 0.8892 | 0.8892 | 1 |
Countries ranked near Korea
More financial sector data for Korea
- Net domestic credit (current LCU), per capita 96.84 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 2,672 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 5.54 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 117.53 million SDR (2025)
- Gold reserves at market value 10.71 billion SDR (2025)
- Reserves excluding gold, foreign exchange 294.26 billion SDR (2025)
- Reserves excluding gold 308.07 billion SDR (2025)
- Total reserves (gold at market value) 318.78 billion SDR (2025)
- Total reserves (gold at national valuation) 311.57 billion SDR (2025)
- Domestic credit to private sector by banks 160.3% (2024)
Frequently asked questions
- What is financial institutions depth index in Korea?
- Financial institutions depth index in Korea was 0.8892 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Korea?
- The highest recorded value was 0.8892 in 2020.
- What is the lowest financial institutions depth index recorded in Korea?
- The lowest recorded value was 0.434 in 1980.
- How does Korea rank for financial institutions depth index?
- Korea ranks 9th out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Korea?
- Over the last ten years it is up 23.6%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth Index. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.