IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source
IDA & IBRD total | Domestic credit to private sector by banks (% of GDP)
1960
1961
1962 12.8643275
1963 12.9381409
1964 13.01115165
1965 15.27885709
1966 16.10337441
1967 16.73840378
1968 17.61042869
1969 18.46671549
1970 18.95617812
1971 19.86548
1972 20.62859035
1973 20.60708797
1974 19.39427741
1975 21.71313859
1976 23.16180475
1977 22.30555836
1978 23.61888747
1979 23.88042656
1980 23.38844666
1981 22.77736946
1982 23.84877911
1983 25.53115394
1984 25.32439205
1985 31.25211207
1986 34.0079115
1987 35.06569188
1988 35.60425738
1989 52.75990051
1990 36.89574118
1991 36.88221938
1992 43.16252086
1993 50.91785643
1994 43.34821911
1995 42.57563042
1996 43.78462003
1997 46.53156127
1998 44.33554512
1999 46.38292848
2000 45.8791165
2001 45.01774404
2002 48.16673516
2003 50.63015498
2004 50.05952178
2005 49.26599524
2006 50.93353233
2007 53.70568147
2008 55.47936282
2009 65.34466104
2010 65.92697086
2011 67.4013762
2012 71.49603192
2013 75.86323658
2014 80.7189104
2015 90.537301
2016 92.2698584
2017 91.7889087
2018 95.76947155
2019 99.51764221
2020 113.43843362
2021 111.42714799
2022 122.53931418

IDA & IBRD total | 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
IDA & IBRD total
Records
63
Source