Japan | 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
State of Japan
Records
63
Source
Japan | Domestic credit to private sector by banks (% of GDP)
1960 56.31120789
1961 56.89114754
1962 74.31741497
1963 81.68884653
1964 78.77431797
1965 81.80599246
1966 82.12253065
1967 81.47844852
1968 78.09553286
1969 78.06300786
1970 98.60037369
1971 108.90279787
1972 117.80714247
1973 116.68957493
1974 111.53428354
1975 114.41028998
1976 114.89662409
1977 112.8899315
1978 112.38581684
1979 113.66256569
1980 114.94014079
1981 117.43857512
1982 122.15735258
1983 126.33011545
1984 129.00155038
1985 132.41134646
1986 137.85304978
1987 151.4998406
1988 158.49262633
1989 164.75075065
1990 167.66577403
1991 166.29987166
1992 169.4299363
1993 171.73989659
1994 173.10493836
1995 171.96391581
1996 170.98950803
1997 181.32489025
1998 187.54459947
1999 187.85857706
2000 181.70237928
2001 105.6840926
2002 98.7384807
2003 94.70630492
2004 91.89395031
2005 92.82903637
2006 93.54661377
2007 93.29278186
2008 96.66348884
2009 101.47850722
2010 99.26926283
2011 99.62898702
2012 100.54248496
2013 103.52686826
2014 103.64998044
2015 102.13251138
2016 103.21931294
2017 105.54628413
2018 105.82440655
2019 108.93175038
2020 119.0195228
2021 118.89719908
2022 122.53044349
Japan | 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
State of Japan
Records
63
Source