Services, Credit/Revenue in Korea

Korea: Services, Credit/Revenue was 138.95 billion in 2024. β–² Rising

Latest (2024)
138.95 billion
Change on year
up 10.6%
World rank
17th
of 198 countries
All-time high
138.95 billion
in 2024
All-time low
50.54 billion
in 2005
Years of data
20
2005–2024

Services, Credit/Revenue in Korea, 2005–2024

050.0B100.0B150.0B2005201420242005: 50.5B2006: 57.0B2007: 71.4B2008: 91.0B2009: 72.5B2010: 82.9B2011: 90.6B2012: 103.1B2013: 103.3B2014: 111.9B2015: 97.5B2016: 94.8B2017: 89.7B2018: 103.7B2019: 103.8B2020: 89.6B2021: 119.9B2022: 131.6B2023: 125.7B2024: 139.0B

Source: International Monetary Fund.

Analysis

The most recent figure for services, credit/revenue in Korea is 138.95 billion, measured in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 10.6% on the previous year and up 24.2% over ten years.

Over the whole period, services, credit/revenue in Korea peaked at 138.95 billion in 2024 and was at its lowest, 50.54 billion, in 2005.

That places Korea 17th out of 198 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 68.51 billion 50.54 billion 91.05 billion 5
2010s 98.14 billion 82.95 billion 111.90 billion 10
2020s 121.16 billion 89.60 billion 138.95 billion 5

Countries ranked near Korea

  1. 14 Italy 154.95 billion compare
  2. 15 Belgium 150.48 billion compare
  3. 16 Luxembourg 150.40 billion compare
  4. 18 Denmark 128.90 billion compare
  5. 19 Poland 118.28 billion compare
  6. 20 Sweden 115.63 billion compare

See the full ranking of 207 places β†’

More financial sector data for Korea

All data for Korea β†’

Frequently asked questions

What is services, credit/revenue in Korea?
Services, credit/revenue in Korea was 138.95 billion in 2024, according to International Monetary Fund.
What is the highest services, credit/revenue recorded in Korea?
The highest recorded value was 138.95 billion in 2024.
What is the lowest services, credit/revenue recorded in Korea?
The lowest recorded value was 50.54 billion in 2005.
How does Korea rank for services, credit/revenue?
Korea ranks 17th out of 198 countries with data for 2024.
Is services, credit/revenue rising or falling in Korea?
Over the last ten years it is up 24.2%. 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 Services, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.

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Services, Credit/Revenue in Korea. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://financial-sector.statizoid.com/stat/services-credit-revenue-us-dollar/korea-rep/

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About this data

Indicator
Services, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.