Fragile and conflict affected situations | Domestic credit to private sector (% of GDP)
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.
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 (% of GDP)
6591.94376023 1960
6158.44583674 1961
10.65480085 1962
10.88747709 1963
10.6582158 1964
11.12601701 1965
11.1634745 1966
11.21943605 1967
11.83960535 1968
11.61402927 1969
10.31464386 1970
10.82846014 1971
11.4612181 1972
11.97821523 1973
10.07961032 1974
12.98872081 1975
14.17019846 1976
17.08887698 1977
19.33278657 1978
17.01925779 1979
17.85606672 1980
11.46820184 1981
13.02448003 1982
14.79497482 1983
12.90461065 1984
12.97371002 1985
15.71796528 1986
1987
1988
1989
1990
12.37378937 1991
13.91234368 1992
12.90086372 1993
11.54463029 1994
10.87299582 1995
10.36719068 1996
11.85526169 1997
12.29041091 1998
14.67587288 1999
13.22041195 2000
14.0227661 2001
13.53767753 2002
12.79637921 2003
11.72001587 2004
11.86925323 2005
12.24947996 2006
14.96740299 2007
24.20688227 2008
24.0220982 2009
21.05268394 2010
20.35465262 2011
21.06154534 2012
22.89378159 2013
21.18648335 2014
20.13778424 2015
20.99446231 2016
19.67796197 2017
14.69348067 2018
14.90807647 2019
16.91285315 2020
15.44999141 2021
2022
Fragile and conflict affected situations | Domestic credit to private sector (% of GDP)
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.
Publisher
The World Bank
Origin
Fragile and conflict affected situations
Records
63
Source
Create chart Download showed records Download Full dataset