Financial system deposits to GDP in Korea
Korea: Financial system deposits to GDP was 160.4% in 2021. ◆ Volatile
Financial system deposits to GDP in Korea, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Korea is 160.4%, measured in 2021. That is the highest value across all 62 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 141.2% over ten years.
Over the whole period, financial system deposits to gdp in Korea peaked at 160.4% in 2021 and was at its lowest, 5.5%, in 1964.
Korea ranks 8th of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Financial system deposits to GDP in Korea, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 5.6% | — |
| 1961 | 8.0% | +43.6% |
| 1962 | 10.0% | +24.7% |
| 1963 | 7.3% | -26.7% |
| 1964 | 5.5% | -25.3% |
| 1965 | 8.3% | +50.6% |
| 1966 | 10.9% | +32.5% |
| 1967 | 15.2% | +38.8% |
| 1968 | 22.0% | +44.8% |
| 1969 | 28.2% | +28.5% |
| 1970 | 28.8% | +1.9% |
| 1971 | 28.2% | -1.9% |
| 1972 | 30.0% | +6.2% |
| 1973 | 30.9% | +2.9% |
| 1974 | 26.0% | -15.9% |
| 1975 | 25.2% | -2.8% |
| 1976 | 24.6% | -2.4% |
| 1977 | 26.9% | +9.4% |
| 1978 | 26.4% | -2.2% |
| 1979 | 25.8% | -2.3% |
| 1980 | 27.1% | +5.4% |
| 1981 | 27.7% | +2.0% |
| 1982 | 30.6% | +10.6% |
| 1983 | 29.7% | -3.0% |
| 1984 | 27.8% | -6.3% |
| 1985 | 28.9% | +4.0% |
| 1986 | 29.8% | +3.1% |
| 1987 | 29.9% | +0.2% |
| 1988 | 30.4% | +1.5% |
| 1989 | 32.2% | +6.0% |
| 1990 | 31.3% | -2.6% |
| 1991 | 31.7% | +1.1% |
| 1992 | 32.0% | +0.9% |
| 1993 | 32.2% | +0.7% |
| 1994 | 32.6% | +1.2% |
| 1995 | 32.0% | -1.7% |
| 1996 | 33.5% | +4.6% |
| 1997 | 35.1% | +4.8% |
| 1998 | 47.0% | +33.9% |
| 1999 | 53.5% | +13.8% |
| 2000 | 61.8% | +15.7% |
| 2001 | 64.7% | +4.6% |
| 2002 | 64.6% | -0.1% |
| 2003 | 64.8% | +0.3% |
| 2004 | 59.0% | -8.9% |
| 2005 | 57.8% | -2.0% |
| 2006 | 56.3% | -2.7% |
| 2007 | 52.2% | -7.2% |
| 2008 | 57.3% | +9.8% |
| 2009 | 61.2% | +6.7% |
| 2010 | 64.4% | +5.3% |
| 2011 | 66.5% | +3.3% |
| 2012 | 67.2% | +1.1% |
| 2013 | 118.2% | +75.7% |
| 2014 | 121.9% | +3.2% |
| 2015 | 124.2% | +1.9% |
| 2016 | 126.9% | +2.2% |
| 2017 | 125.7% | -1.0% |
| 2018 | 130.1% | +3.5% |
| 2019 | 140.5% | +8.0% |
| 2020 | 152.6% | +8.6% |
| 2021 | 160.4% | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.1% | 5.5% | 28.2% | 10 |
| 1970s | 27.3% | 24.6% | 30.9% | 10 |
| 1980s | 29.4% | 27.1% | 32.2% | 10 |
| 1990s | 36.1% | 31.3% | 53.5% | 10 |
| 2000s | 60.0% | 52.2% | 64.8% | 10 |
| 2010s | 108.6% | 64.4% | 140.5% | 10 |
| 2020s | 156.5% | 152.6% | 160.4% | 2 |
Countries ranked near Korea
More financial sector data for Korea
- Total reserves in months of imports, annual growth rate 4.27 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -2.07 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1572 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 5,693 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -1.88 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 5,961 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -0.594 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 6,168 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Korea?
- Financial system deposits to gdp in Korea was 160.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Korea?
- The highest recorded value was 160.4% in 2021.
- What is the lowest financial system deposits to gdp recorded in Korea?
- The lowest recorded value was 5.5% in 1964.
- How does Korea rank for financial system deposits to gdp?
- Korea ranks 8th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Korea?
- Over the last ten years it is up 141.2%. 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 Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).