Argentina | Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. Development relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure. Limitations and exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises. Statistical concept and methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).
Publisher
The World Bank
Origin
Argentine Republic
Records
63
Source
Create chart Download showed records Download Full dataset
Argentina | Domestic credit to private sector by banks (% of GDP)
10.79774693 1960
11.81004251 1961
10.22821456 1962
9.9025175 1963
9.40267697 1964
8.92375357 1965
9.72989189 1966
9.58187072 1967
12.14754308 1968
13.05337511 1969
14.20596613 1970
17.42097509 1971
16.55486118 1972
15.64826081 1973
17.94668455 1974
15.35900392 1975
11.83322132 1976
15.26919222 1977
17.19843413 1978
20.72313585 1979
21.7295079 1980
29.69776512 1981
31.31811006 1982
26.55886382 1983
24.05061195 1984
16.92858247 1985
16.52155227 1986
20.92345161 1987
20.03205975 1988
39.43774199 1989
15.52769812 1990
12.465588 1991
15.25075202 1992
18.01230621 1993
19.95494523 1994
19.67962315 1995
19.87604288 1996
21.55693559 1997
23.59099075 1998
24.13610077 1999
23.16742232 2000
20.15603278 2001
15.11567375 2002
10.62118196 2003
9.50128495 2004
10.41693074 2005
11.53238851 2006
12.61221143 2007
11.82276973 2008
11.99928175 2009
12.49600139 2010
13.84210094 2011
15.037769 2012
15.56545554 2013
13.65694007 2014
14.23852546 2015
13.49652679 2016
15.72126916 2017
15.37632656 2018
12.77894825 2019
13.4554773 2020
11.24178267 2021
10.68906825 2022
Argentina | Domestic credit to private sector by banks (% of GDP)
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. Development relevance: Private sector development and investment - tapping private sector initiative and investment for socially useful purposes - are critical for poverty reduction. In parallel with public sector efforts, private investment, especially in competitive markets, has tremendous potential to contribute to growth. Private markets are the engine of productivity growth, creating productive jobs and higher incomes. And with government playing a complementary role of regulation, funding, and service provision, private initiative and investment can help provide the basic services and conditions that empower poor people - by improving health, education, and infrastructure. Limitations and exceptions: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises. Statistical concept and methodology: Credit is an important link in money transmission; it finances production, consumption, and capital formation, which in turn affect economic activity. The data on domestic credit provided to the private sector by banks are taken from the other depository corporations survey (line 22D) of the International Monetary Fund's (IMF) International Financial Statistics. The other depository corporations include all deposit taking corporations (deposit money banks) except monetary authorities (the central bank).
Publisher
The World Bank
Origin
Argentine Republic
Records
63
Source
Create chart Download showed records Download Full dataset