Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
63
Source
Egypt, Arab Rep. | Domestic credit to private sector by banks (% of GDP)
16.930639 1960
16.63046256 1961
17.11082522 1962
16.918429 1963
15.78021978 1964
14.67667182 1965
13.40530814 1966
12.59665457 1967
14.15911776 1968
14.7405923 1969
11.90967016 1970
12.3559558 1971
11.82063329 1972
10.26770078 1973
13.21731691 1974
16.60008292 1975
17.10169138 1976
18.71764577 1977
18.32074352 1978
18.99575089 1979
13.93637654 1980
25.89510827 1981
24.7087638 1982
25.8481203 1983
26.21582278 1984
27.19865952 1985
29.22426304 1986
28.89514563 1987
28.13327922 1988
26.53012987 1989
25.5256785 1990
22.05863111 1991
22.27045291 1992
23.76578608 1993
27.90365714 1994
32.73382353 1995
36.53439407 1996
39.69360662 1997
46.55501044 1998
52.00182055 1999
51.95327845 2000
54.93114023 2001
54.6553972 2002
53.89762874 2003
54.04291428 2004
51.16543405 2005
49.29097974 2006
45.51522157 2007
42.79751378 2008
36.09271335 2009
33.07229522 2010
31.15492329 2011
27.38844973 2012
26.2224395 2013
25.60668054 2014
26.31639376 2015
34.13486263 2016
27.06982467 2017
24.29527907 2018
22.8487309 2019
25.78947425 2020
28.23075439 2021
30.84700212 2022

Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
63
Source