Broad money to total reserves ratio in South Korea
South Korea: Broad money to total reserves ratio was 7.3 in 2024. ▲ Rising
Broad money to total reserves ratio in South Korea, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF).
Analysis
The most recent figure for broad money to total reserves ratio in South Korea is 7.3, measured in 2024.
That represents a change of up 2.7% on the previous year and up 34.2% over ten years.
Over the whole period, broad money to total reserves ratio in South Korea peaked at 20.4 in 1974 and was at its lowest, 1.6, in 1961.
That places South Korea 26th out of 158 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.82 | 1.6 | 4.42 | 10 |
| 1970s | 7.37 | 4.06 | 20.4 | 10 |
| 1980s | 9.32 | 5.36 | 13.1 | 10 |
| 1990s | 6.55 | 3.54 | 10.45 | 10 |
| 2000s | 5.03 | 3.79 | 6.42 | 10 |
| 2010s | 5.45 | 4.91 | 6.12 | 10 |
| 2020s | 6.84 | 6.11 | 7.3 | 5 |
Countries ranked near South Korea
More financial sector data for South Korea
- Domestic credit to private sector 160.3% (2024)
- Claims on central government, etc. 3.4% (2024)
- Broad money 162.7% (2024)
- Monetary Sector credit to private sector 160.3% (2024)
- Net foreign assets 627.85 trillion current LCU (2024)
- Net domestic credit 5,011.74 trillion current LCU (2024)
- Net migration 65,731 (2025)
- Total reserves in months of imports 6.46 (2025)
- Domestic credit to private sector by banks 160.3% (2024)
- Official exchange rate 1,422 LCU per US$, period average (2025)
Frequently asked questions
- What is broad money to total reserves ratio in South Korea?
- Broad money to total reserves ratio in South Korea was 7.3 in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest broad money to total reserves ratio recorded in South Korea?
- The highest recorded value was 20.4 in 1974.
- What is the lowest broad money to total reserves ratio recorded in South Korea?
- The lowest recorded value was 1.6 in 1961.
- How does South Korea rank for broad money to total reserves ratio?
- South Korea ranks 26th out of 158 countries with data for 2024.
- Is broad money to total reserves ratio rising or falling in South Korea?
- Over the last ten years it is up 34.2%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money to total reserves ratio. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a ratio (a÷b).