Korea, Rep.—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #12 of 117Updated April 2026
Latest Value
46.4%
2024
YoY Change
+16.2%
2005 → 2024
Global Rank
#12
of 117 countries
Maximum
46.4%
2024
Minimum
39.9%
2005
CAGR
+0.8%
2 years
Last
46.4%
Previous
39.9%
Highest
46.4%
Lowest
39.9%
Source
World Bank World Development Indicators
Korea, Rep.'s firms using banks to finance investment (%) was 46.4% in 2024, ranking #12 out of 117 countries. This represents a +16.2% change from 2005. Over the past 2 years, the highest recorded value was 46.4% (2024) and the lowest was 39.9% (2005). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 46.4% | +16.2% |
| 2005 | 39.9% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.