Fragile and conflict affected situations | 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
Fragile and conflict affected situations
Records
63
Source
Create chart Download showed records Download Full dataset
Fragile and conflict affected situations | Domestic credit to private sector by banks (% of GDP)
10.57215111 1960
10.24642086 1961
10.41417007 1962
10.52892287 1963
10.40510502 1964
10.85787877 1965
10.82189963 1966
10.826276 1967
11.2842568 1968
10.98164302 1969
9.7778988 1970
10.59190328 1971
11.1630372 1972
11.9335471 1973
10.06102235 1974
12.82252226 1975
13.89214415 1976
16.67828185 1977
18.96986167 1978
17.33413261 1979
17.56746598 1980
11.64717808 1981
13.40260828 1982
15.16140054 1983
12.94731136 1984
13.00905273 1985
15.77616113 1986
1987
1988
1989
1990
12.44863792 1991
11.56306603 1992
10.80820679 1993
10.58921614 1994
9.84453467 1995
9.50902695 1996
10.93768161 1997
11.89302067 1998
14.08760549 1999
12.95136671 2000
13.76782975 2001
13.69234897 2002
13.7456651 2003
12.87109216 2004
13.81585141 2005
15.43704518 2006
19.56883828 2007
22.42169943 2008
22.49862376 2009
19.65726043 2010
18.73232057 2011
19.31565952 2012
21.19723776 2013
24.51995117 2014
19.24394957 2015
20.09286265 2016
18.69407254 2017
13.83146062 2018
13.6723498 2019
15.46795662 2020
13.85775408 2021
2022
Fragile and conflict affected situations | 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
Fragile and conflict affected situations
Records
63
Source
Create chart Download showed records Download Full dataset