Mexico | 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
United Mexican States
Records
63
Source
Mexico | Domestic credit to private sector by banks (% of GDP)
1960 20.61349693
1961 22.28248588
1962 24.60526316
1963 24.30188679
1964 24.17928287
1965 23.92307692
1966 24.93421053
1967 27.13855422
1968 28.0599455
1969 30.49507389
1970 32.93018018
1971 34.14489796
1972 33.68318584
1973 31.49927641
1974 28.7
1975 29.12818182
1976 32.24726477
1977 17.46349378
1978 19.32819855
1979 19.89569752
1980 18.28663861
1981 18.45058463
1982 14.40651428
1983 11.98098415
1984 13.45771004
1985 12.29862105
1986 12.53678596
1987 12.28873841
1988 11.20775735
1989 15.6694471
1990 17.54976584
1991 21.0124919
1992 28.07187184
1993 24.12666998
1994 29.44587841
1995 22.0296952
1996 14.45595633
1997 19.34830527
1998 17.02034806
1999 14.63275134
2000 13.44422418
2001 11.03770031
2002 12.56041742
2003 12.78124297
2004 12.21308817
2005 13.3082804
2006 15.64448281
2007 17.03451916
2008 16.16091693
2009 17.2145203
2010 17.54287689
2011 18.64346906
2012 19.05670295
2013 21.3105243
2014 21.13265865
2015 23.04949011
2016 25.12259777
2017 26.16035768
2018 26.0759933
2019 27.74461711
2020 27.67921042
2021 26.19878764
2022 26.01413954
Mexico | 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
United Mexican States
Records
63
Source