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