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# South Korea Private Credit to GDP

> South Korea private credit to gdp is 160.3% as of Dec 2024, from 163.5%. History from 1960, source World Bank. Free API & MCP access.

Private Credit to GDP in South Korea fell to 160.3% in Dec 2024 from 163.5% in Dec 2023.

Private Credit to GDP in South Korea averaged 105.9% from 1960 until 2024, reaching an all-time high of 163.5% in Dec 2023 and a record low of 5.7% in Dec 1960. The series is reported yearly with history from 1960.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 160.3% | 163.5% | 163.5% (Dec 2023) | 5.7% (Dec 1960) | 1960–2024 | % of GDP | annual |

## FAQ

**What is South Korea's private credit to gdp right now?**

Private Credit to GDP in South Korea is 160.3% as of Dec 2024.

**What are the historical extremes for South Korea's private credit to gdp?**

The all-time high is 163.5% (Dec 2023); the record low is 5.7% (Dec 1960), over a series starting in 1960.

**How often is this series updated?**

Private Credit to GDP for South Korea is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=south-korea&indicator=private-credit-gdp`.
Back to [Korea, Republic of economy](/south-korea.md).