Liquid liabilities to GDP in South Korea

South Korea: Liquid liabilities to GDP was 174.4% in 2021. ◆ Volatile

Latest (2021)
174.4%
Change on year
up 5.7%
World rank
8th
of 184 countries
All-time high
174.4%
in 2021
All-time low
8.6%
in 1964
Years of data
62
1960–2021

Liquid liabilities to GDP in South Korea, 1960–2021

050100150196019902021

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

In 2021, liquid liabilities to gdp in South Korea stood at 174.4%. That is the highest value across all 62 years on record.

Compared with earlier readings it is up 5.7% on the previous year and up 150.8% over ten years.

Over the whole period, liquid liabilities to gdp in South Korea peaked at 174.4% in 2021 and was at its lowest, 8.6%, in 1964.

That places South Korea 8th out of 184 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 16.2% 8.6% 31.8% 10
1970s 31.7% 29.1% 35.8% 10
1980s 33.0% 31.4% 35.4% 10
1990s 38.8% 34.3% 55.7% 10
2000s 61.8% 54.5% 66.1% 10
2010s 117.4% 67.2% 151.6% 10
2020s 169.7% 164.9% 174.4% 2

Countries ranked near South Korea

  1. 5 Lebanon 259.2% compare
  2. 6 China 211.9% compare
  3. 7 Switzerland 185.6% compare
  4. 9 Eritrea 172.7% compare
  5. 10 Malta 169.1% compare
  6. 11 Mauritius 164.6% compare

See the full ranking of 185 places →

More financial sector data for South Korea

All data for South Korea →

Frequently asked questions

What is liquid liabilities to gdp in South Korea?
Liquid liabilities to gdp in South Korea was 174.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest liquid liabilities to gdp recorded in South Korea?
The highest recorded value was 174.4% in 2021.
What is the lowest liquid liabilities to gdp recorded in South Korea?
The lowest recorded value was 8.6% in 1964.
How does South Korea rank for liquid liabilities to gdp?
South Korea ranks 8th out of 184 countries with data for 2021.
Is liquid liabilities to gdp rising or falling in South Korea?
Over the last ten years it is up 150.8%. 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 (IFS), International Monetary Fund (IMF), published as part of Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Liquid liabilities to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,531 data points, 1960–2021
Last refreshed

Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, 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. Liquid liabilities (IFS lines 55L or, if not available, line 35L); 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) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.