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

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