Net domestic credit (current LCU) in South Korea
South Korea: Net domestic credit (current LCU) was 5,011.74 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
5,011.74 trillion current LCU
Change on year
up 5.5%
World rank
4th
of 187 countries
All-time high
5,011.74 trillion current LCU
in 2024
All-time low
21.18 billion current LCU
in 1960
Years of data
65
1960–2024
Net domestic credit in South Korea, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net domestic credit in South Korea stood at 5,011.74 trillion current LCU. That is the highest value across all 65 years on record.
The figure is up 5.5% on the previous year and up 107.8% over ten years.
Over the whole period, net domestic credit in South Korea peaked at 5,011.74 trillion current LCU in 2024 and was at its lowest, 21.18 billion current LCU, in 1960.
South Korea ranks 4th of 187 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in South Korea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 21.18 billion current LCU | — |
| 1961 | 38.87 billion current LCU | +83.5% |
| 1962 | 54.70 billion current LCU | +40.7% |
| 1963 | 63.03 billion current LCU | +15.2% |
| 1964 | 69.28 billion current LCU | +9.9% |
| 1965 | 87.69 billion current LCU | +26.6% |
| 1966 | 112.00 billion current LCU | +27.7% |
| 1967 | 212.32 billion current LCU | +89.6% |
| 1968 | 403.02 billion current LCU | +89.8% |
| 1969 | 654.06 billion current LCU | +62.3% |
| 1970 | 839.06 billion current LCU | +28.3% |
| 1971 | 1.11 trillion current LCU | +31.7% |
| 1972 | 1.45 trillion current LCU | +31.1% |
| 1973 | 1.90 trillion current LCU | +31.3% |
| 1974 | 3.00 trillion current LCU | +57.7% |
| 1975 | 3.99 trillion current LCU | +32.9% |
| 1976 | 4.87 trillion current LCU | +21.9% |
| 1977 | 6.00 trillion current LCU | +23.3% |
| 1978 | 8.76 trillion current LCU | +46.0% |
| 1979 | 11.87 trillion current LCU | +35.4% |
| 1980 | 16.84 trillion current LCU | +41.9% |
| 1981 | 22.09 trillion current LCU | +31.2% |
| 1982 | 27.61 trillion current LCU | +25.0% |
| 1983 | 31.94 trillion current LCU | +15.7% |
| 1984 | 36.16 trillion current LCU | +13.2% |
| 1985 | 42.67 trillion current LCU | +18.0% |
| 1986 | 48.83 trillion current LCU | +14.4% |
| 1987 | 56.63 trillion current LCU | +16.0% |
| 1988 | 62.76 trillion current LCU | +10.8% |
| 1989 | 77.18 trillion current LCU | +23.0% |
| 1990 | 96.89 trillion current LCU | +25.5% |
| 1991 | 118.17 trillion current LCU | +22.0% |
| 1992 | 131.75 trillion current LCU | +11.5% |
| 1993 | 148.12 trillion current LCU | +12.4% |
| 1994 | 175.49 trillion current LCU | +18.5% |
| 1995 | 200.19 trillion current LCU | +14.1% |
| 1996 | 240.41 trillion current LCU | +20.1% |
| 1997 | 291.39 trillion current LCU | +21.2% |
| 1998 | 324.48 trillion current LCU | +11.4% |
| 1999 | 382.18 trillion current LCU | +17.8% |
| 2000 | 450.60 trillion current LCU | +17.9% |
| 2001 | 881.31 trillion current LCU | +95.6% |
| 2002 | 1,022.21 trillion current LCU | +16.0% |
| 2003 | 1,041.52 trillion current LCU | +1.9% |
| 2004 | 1,063.79 trillion current LCU | +2.1% |
| 2005 | 1,153.90 trillion current LCU | +8.5% |
| 2006 | 1,338.11 trillion current LCU | +16.0% |
| 2007 | 1,497.90 trillion current LCU | +11.9% |
| 2008 | 1,753.33 trillion current LCU | +17.1% |
| 2009 | 1,812.22 trillion current LCU | +3.4% |
| 2010 | 1,911.13 trillion current LCU | +5.5% |
| 2011 | 2,041.21 trillion current LCU | +6.8% |
| 2012 | 2,146.70 trillion current LCU | +5.2% |
| 2013 | 2,227.12 trillion current LCU | +3.7% |
| 2014 | 2,411.82 trillion current LCU | +8.3% |
| 2015 | 2,595.78 trillion current LCU | +7.6% |
| 2016 | 2,784.97 trillion current LCU | +7.3% |
| 2017 | 2,942.65 trillion current LCU | +5.7% |
| 2018 | 3,152.47 trillion current LCU | +7.1% |
| 2019 | 3,438.18 trillion current LCU | +9.1% |
| 2020 | 3,763.48 trillion current LCU | +9.5% |
| 2021 | 4,203.61 trillion current LCU | +11.7% |
| 2022 | 4,516.22 trillion current LCU | +7.4% |
| 2023 | 4,748.54 trillion current LCU | +5.1% |
| 2024 | 5,011.74 trillion current LCU | +5.5% |
South Korea compared with similar countries
- South Korea's 5,011.74 trillion current LCU is above the median for high income countries, which is 701.01 billion current LCU, 7149.3× the median. (61 countries reporting)
- South Korea's 5,011.74 trillion current LCU is above the median for East Asia & Pacific, which is 4.46 trillion current LCU, 1123.7× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Net domestic credit (current LCU) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +95.6% | 450.60 trillion current LCU | 881.31 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 171.62 billion current LCU | 21.18 billion current LCU | 654.06 billion current LCU | 10 |
| 1970s | 4.38 trillion current LCU | 839.06 billion current LCU | 11.87 trillion current LCU | 10 |
| 1980s | 42.27 trillion current LCU | 16.84 trillion current LCU | 77.18 trillion current LCU | 10 |
| 1990s | 210.91 trillion current LCU | 96.89 trillion current LCU | 382.18 trillion current LCU | 10 |
| 2000s | 1,201.49 trillion current LCU | 450.60 trillion current LCU | 1,812.22 trillion current LCU | 10 |
| 2010s | 2,565.20 trillion current LCU | 1,911.13 trillion current LCU | 3,438.18 trillion current LCU | 10 |
| 2020s | 4,448.72 trillion current LCU | 3,763.48 trillion current LCU | 5,011.74 trillion current LCU | 5 |
Countries ranked near South Korea
More financial sector data for South 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 net domestic credit in South Korea?
- Net domestic credit in South Korea was 5,011.74 trillion current LCU in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in South Korea?
- The highest recorded value was 5,011.74 trillion current LCU in 2024.
- What is the lowest net domestic credit recorded in South Korea?
- The lowest recorded value was 21.18 billion current LCU in 1960.
- How does South Korea rank for net domestic credit?
- South Korea ranks 4th out of 187 countries with data for 2024.
- Is net domestic credit rising or falling in South Korea?
- Over the last ten years it is up 107.8%. 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 database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.