IDA 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
IDA only
Records
63
Source
Create chart Download showed records Download Full dataset
IDA only | Domestic credit to private sector by banks (% of GDP)
1960
1961
1962
1963
9.38197687 1964
8.79934587 1965
9.05423988 1966
8.70539122 1967
9.37904708 1968
9.70506741 1969
9.93281625 1970
10.60131041 1971
11.03975439 1972
11.4196819 1973
10.03798563 1974
9.7330576 1975
11.20666667 1976
12.66050278 1977
13.0681944 1978
14.1311829 1979
14.00646176 1980
12.67112908 1981
13.0043022 1982
13.24174104 1983
11.91098246 1984
12.08013663 1985
12.0513397 1986
12.39442947 1987
12.14251931 1988
11.94203211 1989
11.18758967 1990
10.31557732 1991
10.7795058 1992
10.6788354 1993
9.79802591 1994
12.32508291 1995
12.16967319 1996
12.75882263 1997
12.93743721 1998
13.05201055 1999
12.34960507 2000
12.72246896 2001
12.83473026 2002
13.36166397 2003
14.13161028 2004
15.41509056 2005
15.92593772 2006
16.44230151 2007
17.5655081 2008
18.88360234 2009
19.89898105 2010
19.94138067 2011
21.19193878 2012
21.51059382 2013
23.79823537 2014
26.21841584 2015
26.75361015 2016
27.50192335 2017
29.80914548 2018
30.10605429 2019
30.28324747 2020
31.53128095 2021
33.58550153 2022
IDA 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
IDA only
Records
63
Source
Create chart Download showed records Download Full dataset