Domestic credit to private sector (% of GDP)

World BankPeriod 2015~2024Retrieved 2026-11-09

Money households and firms borrowed from financial institutions, as a share of GDP. Useful for gauging debt burden.

2015: 125.9% → 2024: 160.3% (up 34.49 pp). Highest: 2023 (163.5%).

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Domestic credit to private sector (% of GDP) · 2015~2024 (unit: %)
YearTotal private creditBank credit to private sector
2015125.8588125.8588
2016128.0407128.0407
2017129.5391129.5391
2018133.5041133.5041
2019142.6525142.6525
2020154.7479154.7479
2021159.9261159.9261
2022162.7695162.7695
2023163.5156163.5156
2024160.3472160.3472

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Reference (APA 7th)

World Bank. (2026). Domestic credit to private sector (% of GDP); Domestic credit to private sector by banks (% of GDP) – Korea, Rep. [Data set]. World Development Indicators. Retrieved November 9, 2026, from https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS?locations=KR

Source https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS?locations=KR

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