National Definitions of Money, Base Money in Korea
Korea: National Definitions of Money, Base Money was 283.49 trillion Domestic currency in 2024. ◆ Volatile
Latest (2024)
283.49 trillion Domestic currency
Change on year
up 3.4%
World rank
3rd
of 88 countries
All-time high
283.49 trillion Domestic currency
in 2024
All-time low
16.80 billion Domestic currency
in 1960
Years of data
65
1960–2024
National Definitions of Money, Base Money in Korea, 1960–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
In 2024, national definitions of money, base money in Korea stood at 283.49 trillion Domestic currency. That is the highest value across all 65 years on record.
The figure is up 3.4% on the previous year and up 142.7% over ten years.
Over the whole period, national definitions of money, base money in Korea peaked at 283.49 trillion Domestic currency in 2024 and was at its lowest, 16.80 billion Domestic currency, in 1960.
That places Korea 3rd out of 88 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
National Definitions of Money, Base Money in Korea, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 1960 | 16.80 billion Domestic currency | — |
| 1961 | 25.40 billion Domestic currency | +51.2% |
| 1962 | 29.80 billion Domestic currency | +17.3% |
| 1963 | 27.90 billion Domestic currency | -6.4% |
| 1964 | 32.70 billion Domestic currency | +17.2% |
| 1965 | 48.40 billion Domestic currency | +48.0% |
| 1966 | 80.20 billion Domestic currency | +65.7% |
| 1967 | 110.90 billion Domestic currency | +38.3% |
| 1968 | 156.20 billion Domestic currency | +40.8% |
| 1969 | 215.80 billion Domestic currency | +38.2% |
| 1970 | 299.60 billion Domestic currency | +38.8% |
| 1971 | 288.20 billion Domestic currency | -3.8% |
| 1972 | 427.50 billion Domestic currency | +48.3% |
| 1973 | 624.10 billion Domestic currency | +46.0% |
| 1974 | 775.00 billion Domestic currency | +24.2% |
| 1975 | 1.08 trillion Domestic currency | +39.0% |
| 1976 | 1.44 trillion Domestic currency | +33.5% |
| 1977 | 2.07 trillion Domestic currency | +44.1% |
| 1978 | 2.80 trillion Domestic currency | +35.3% |
| 1979 | 3.47 trillion Domestic currency | +23.8% |
| 1980 | 3.24 trillion Domestic currency | -6.5% |
| 1981 | 2.80 trillion Domestic currency | -13.6% |
| 1982 | 3.83 trillion Domestic currency | +36.5% |
| 1983 | 4.10 trillion Domestic currency | +7.1% |
| 1984 | 4.25 trillion Domestic currency | +3.7% |
| 1985 | 4.32 trillion Domestic currency | +1.7% |
| 1986 | 5.02 trillion Domestic currency | +16.2% |
| 1987 | 7.47 trillion Domestic currency | +48.9% |
| 1988 | 9.73 trillion Domestic currency | +30.2% |
| 1989 | 12.82 trillion Domestic currency | +31.8% |
| 1990 | 13.81 trillion Domestic currency | +7.7% |
| 1991 | 16.32 trillion Domestic currency | +18.2% |
| 1992 | 18.11 trillion Domestic currency | +10.9% |
| 1993 | 23.08 trillion Domestic currency | +27.5% |
| 1994 | 25.20 trillion Domestic currency | +9.2% |
| 1995 | 29.31 trillion Domestic currency | +16.3% |
| 1996 | 25.72 trillion Domestic currency | -12.2% |
| 1997 | 22.52 trillion Domestic currency | -12.5% |
| 1998 | 20.70 trillion Domestic currency | -8.1% |
| 1999 | 28.49 trillion Domestic currency | +37.6% |
| 2000 | 28.24 trillion Domestic currency | -0.9% |
| 2001 | 32.83 trillion Domestic currency | +16.3% |
| 2002 | 37.99 trillion Domestic currency | +15.7% |
| 2003 | 40.75 trillion Domestic currency | +7.3% |
| 2004 | 38.79 trillion Domestic currency | -4.8% |
| 2005 | 43.25 trillion Domestic currency | +11.5% |
| 2006 | 51.87 trillion Domestic currency | +19.9% |
| 2007 | 56.40 trillion Domestic currency | +8.7% |
| 2008 | 64.85 trillion Domestic currency | +15.0% |
| 2009 | 67.78 trillion Domestic currency | +4.5% |
| 2010 | 74.55 trillion Domestic currency | +10.0% |
| 2011 | 80.06 trillion Domestic currency | +7.4% |
| 2012 | 88.34 trillion Domestic currency | +10.4% |
| 2013 | 104.26 trillion Domestic currency | +18.0% |
| 2014 | 116.79 trillion Domestic currency | +12.0% |
| 2015 | 131.44 trillion Domestic currency | +12.5% |
| 2016 | 143.44 trillion Domestic currency | +9.1% |
| 2017 | 155.88 trillion Domestic currency | +8.7% |
| 2018 | 172.35 trillion Domestic currency | +10.6% |
| 2019 | 191.83 trillion Domestic currency | +11.3% |
| 2020 | 221.50 trillion Domestic currency | +15.5% |
| 2021 | 248.78 trillion Domestic currency | +12.3% |
| 2022 | 275.96 trillion Domestic currency | +10.9% |
| 2023 | 274.08 trillion Domestic currency | -0.7% |
| 2024 | 283.49 trillion Domestic currency | +3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 74.41 billion Domestic currency | 16.80 billion Domestic currency | 215.80 billion Domestic currency | 10 |
| 1970s | 1.33 trillion Domestic currency | 288.20 billion Domestic currency | 3.47 trillion Domestic currency | 10 |
| 1980s | 5.76 trillion Domestic currency | 2.80 trillion Domestic currency | 12.82 trillion Domestic currency | 10 |
| 1990s | 22.33 trillion Domestic currency | 13.81 trillion Domestic currency | 29.31 trillion Domestic currency | 10 |
| 2000s | 46.27 trillion Domestic currency | 28.24 trillion Domestic currency | 67.78 trillion Domestic currency | 10 |
| 2010s | 125.89 trillion Domestic currency | 74.55 trillion Domestic currency | 191.83 trillion Domestic currency | 10 |
| 2020s | 260.76 trillion Domestic currency | 221.50 trillion Domestic currency | 283.49 trillion Domestic currency | 5 |
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 national definitions of money, base money in Korea?
- National definitions of money, base money in Korea was 283.49 trillion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest national definitions of money, base money recorded in Korea?
- The highest recorded value was 283.49 trillion Domestic currency in 2024.
- What is the lowest national definitions of money, base money recorded in Korea?
- The lowest recorded value was 16.80 billion Domestic currency in 1960.
- How does Korea rank for national definitions of money, base money?
- Korea ranks 3rd out of 88 countries with data for 2024.
- Is national definitions of money, base money rising or falling in Korea?
- Over the last ten years it is up 142.7%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of National Definitions of Money, Base Money (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.