IBRD only | 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
IBRD only
Records
63
Source
IBRD only | Domestic credit to private sector by banks (% of GDP)
1960
1961
1962
1963
1964 13.33566332
1965 16.03987429
1966 16.92945452
1967 17.57330178
1968 18.53227531
1969 19.58813959
1970 20.50173656
1971 21.1978271
1972 22.04668208
1973 22.05744123
1974 21.27028847
1975 24.24842317
1976 25.61204815
1977 24.19832002
1978
1979 25.73509914
1980 24.97040445
1981 26.01670366
1982 26.99673036
1983 28.03942654
1984 27.741212
1985 34.08932982
1986 37.17826588
1987 38.41066556
1988 38.83251001
1989 57.55095038
1990 39.90361103
1991 40.44048703
1992 46.50215442
1993 54.80806135
1994 46.55261389
1995 45.83064934
1996 47.36427096
1997 50.29746512
1998 48.03740717
1999 49.24372331
2000 49.078646
2001 47.92950665
2002 51.55141019
2003 54.19493769
2004 53.44665778
2005 52.44896879
2006 54.28354763
2007 56.98152673
2008 58.72879612
2009 69.42883203
2010 69.91163491
2011 70.97199631
2012 75.19956411
2013 80.19114461
2014 85.38304034
2015 96.08517287
2016 97.8770362
2017 97.10835727
2018 101.18242883
2019 105.24722461
2020 119.85627892
2021 116.98749448
2022 129.86111299

IBRD only | 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
IBRD only
Records
63
Source