Bangladesh | 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
People's Republic of Bangladesh
Records
63
Source
Bangladesh | Domestic credit to private sector by banks (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
2.61180769 1974
1.91711979 1975
2.96540582 1976
4.98964257 1977
4.53405315 1978
5.33944577 1979
5.77134167 1980
6.77674686 1981
7.15570951 1982
9.03444386 1983
12.55462231 1984
13.03952255 1985
12.74331352 1986
13.21453085 1987
14.41493371 1988
15.97003116 1989
16.07409915 1990
15.91990928 1991
14.5455434 1992
15.29431692 1993
16.27119183 1994
20.88176074 1995
18.91199757 1996
19.98663128 1997
20.49663795 1998
20.67917223 1999
21.49235354 2000
23.85955097 2001
25.86441916 2002
25.69397353 2003
27.55589704 2004
29.03032518 2005
30.87687872 2006
31.7873582 2007
33.8181994 2008
35.98535638 2009
40.76792763 2010
42.25898989 2011
42.77812474 2012
41.58143838 2013
43.51296713 2014
44.20416172 2015
37.64434228 2016
40.3027345 2017
39.88122676 2018
38.89632371 2019
39.02627794 2020
38.95907659 2021
38.83977466 2022
Bangladesh | 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
People's Republic of Bangladesh
Records
63
Source