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%.
That represents a change of 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.
That places Republic of Korea 112th out of 174 countries with data for 2024, putting it 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 Fixed Capital Formation — Annual growth US$, 2015 prices 4 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 1.5 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 4 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 6.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 32.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 29.86 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 32.07 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 571,534 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 646.38 million million SLC (2024)
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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