Annual broad money growth in Republic of Korea
Republic of Korea: Annual broad money growth was 6.6% in 2024. ◆ Volatile
Annual broad money growth in Republic of Korea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual broad money growth in Republic of Korea stood at 6.6%.
The figure is up 68.3% on the previous year and down 19.6% over ten years.
Over the whole period, annual broad money growth in Republic of Korea peaked at 85.2% in 2001 and was at its lowest, 3.0%, in 2003.
Republic of Korea ranks 112th of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 25.4% | — |
| 2001 | 85.2% | +235.1% |
| 2002 | 14.0% | -83.6% |
| 2003 | 3.0% | -78.7% |
| 2004 | 6.3% | +111.6% |
| 2005 | 7.0% | +10.8% |
| 2006 | 12.5% | +79.0% |
| 2007 | 10.8% | -13.5% |
| 2008 | 12.0% | +10.5% |
| 2009 | 9.9% | -17.3% |
| 2010 | 6.0% | -39.5% |
| 2011 | 5.5% | -8.4% |
| 2012 | 4.8% | -12.2% |
| 2013 | 4.6% | -3.5% |
| 2014 | 8.1% | +75.6% |
| 2015 | 8.2% | +0.6% |
| 2016 | 7.1% | -13.0% |
| 2017 | 5.1% | -28.3% |
| 2018 | 6.7% | +31.6% |
| 2019 | 7.9% | +17.5% |
| 2020 | 9.8% | +24.4% |
| 2021 | 12.9% | +31.7% |
| 2022 | 4.0% | -69.1% |
| 2023 | 3.9% | -2.7% |
| 2024 | 6.6% | +68.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.6% | 3.0% | 85.2% | 10 |
| 2010s | 6.4% | 4.6% | 8.2% | 10 |
| 2020s | 7.4% | 3.9% | 12.9% | 5 |
Countries ranked near Republic of Korea
- 109 South Africa 6.7% compare
- 110 Uganda 6.7% compare
- 111 Australia 6.6% compare
- 112 Republic of Korea 6.6% compare
- 114 Bolivia (Plurinational State of) 6.4% compare
- 115 Cabo Verde 6.3% compare
More economy & growth data for Republic of Korea
- Gross capital formation (constant 2015 US$), annual growth rate -1.74 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2815 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 10,198 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 0.6183 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.406 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 14,708 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.98 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 577.49 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 20.92 million current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.84 % change on previous year (2025)
Frequently asked questions
- What is annual broad money growth in Republic of Korea?
- Annual broad money growth in Republic of Korea was 6.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual broad money growth recorded in Republic of Korea?
- The highest recorded value was 85.2% in 2001.
- What is the lowest annual broad money growth recorded in Republic of Korea?
- The lowest recorded value was 3.0% in 2003.
- How does Republic of Korea rank for annual broad money growth?
- Republic of Korea ranks 112th out of 174 countries with data for 2024.
- Is annual broad money growth rising or falling in Republic of Korea?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual broad money growth (%). Statizoid updates them automatically from the source API.
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