Madagascar | 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 Madagascar
Records
63
Source
Madagascar | Domestic credit to private sector by banks (% of GDP)
1960
1961
13.09075591 1962
14.0093079 1963
14.89183471 1964
13.57842247 1965
14.05281758 1966
15.5595531 1967
15.34648198 1968
15.0381701 1969
15.79537314 1970
16.54435714 1971
16.46443726 1972
15.15409306 1973
14.20621805 1974
13.6873182 1975
13.59737154 1976
14.91702699 1977
15.10846848 1978
16.33326167 1979
14.1122154 1980
13.29303914 1981
12.43697228 1982
12.17594064 1983
13.4508701 1984
14.39711394 1985
14.44066625 1986
14.53597856 1987
11.68738788 1988
11.43330981 1989
12.89145683 1990
14.25822378 1991
13.26409384 1992
13.65162154 1993
12.38951468 1994
9.46985784 1995
7.85652529 1996
8.2831841 1997
7.56390698 1998
7.2075379 1999
7.3520425 2000
6.97945717 2001
6.65848109 2002
7.53867242 2003
8.60727448 2004
8.4956383 2005
8.7465765 2006
8.72995472 2007
9.64172501 2008
9.93116364 2009
10.77092484 2010
10.07026632 2011
10.07016749 2012
11.03991429 2013
11.63094886 2014
12.28452151 2015
11.84633208 2016
12.63060355 2017
12.92502648 2018
14.04696957 2019
16.33190763 2020
17.53427587 2021
18.54850514 2022

Madagascar | 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 Madagascar
Records
63
Source