Honduras | 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
Republic of Honduras
Records
63
Source
Honduras | Domestic credit to private sector by banks (% of GDP)
9.93594518 1960
10.23301516 1961
10.2901354 1962
10.71428571 1963
11.41137856 1964
13.25076182 1965
15.46504228 1966
17.88162515 1967
18.74613482 1968
22.35029773 1969
24.01106501 1970
25.23939808 1971
25.73474631 1972
27.79178234 1973
28.13436443 1974
31.00533808 1975
31.0942148 1976
31.07816805 1977
19.3833734 1978
19.17595735 1979
18.60812042 1980
19.65184615 1981
20.77110671 1982
21.95480193 1983
21.95689783 1984
23.00345267 1985
23.13208111 1986
24.40101473 1987
23.0569601 1988
21.81949722 1989
19.10892973 1990
17.26158456 1991
19.58059513 1992
19.00784631 1993
19.53401498 1994
18.01957886 1995
20.19970763 1996
26.22892862 1997
30.8397777 1998
34.55875442 1999
34.11368851 2000
36.27595257 2001
35.69854052 2002
36.29068599 2003
37.2042218 2004
38.25666005 2005
44.13616249 2006
51.64690403 2007
50.53337721 2008
49.53576463 2009
46.8576087 2010
46.70134297 2011
50.69447715 2012
54.15526096 2013
54.48318509 2014
53.96214534 2015
56.42185809 2016
56.36495167 2017
60.83602299 2018
61.95494426 2019
67.16647758 2020
64.3810088 2021
67.49618803 2022
Honduras | 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
Republic of Honduras
Records
63
Source