Middle East & North Africa | 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
Middle East & North Africa
Records
63
Source
Create chart Download showed records Download Full dataset
Middle East & North Africa | Domestic credit to private sector by banks (% of GDP)
1960
13.77181866 1961
13.41423886 1962
14.01502228 1963
14.11321817 1964
15.05832 1965
15.91394207 1966
16.3700889 1967
17.03902624 1968
18.15641652 1969
16.11903373 1970
15.77095375 1971
17.40683274 1972
17.58994951 1973
12.6079216 1974
16.08768296 1975
17.03794868 1976
18.27130979 1977
1978
20.76288681 1979
19.77425059 1980
20.69298571 1981
23.35948227 1982
25.67458497 1983
26.51125908 1984
28.13157378 1985
32.04587268 1986
32.82032603 1987
34.64026944 1988
33.00260567 1989
26.03259377 1990
24.59123153 1991
20.79027667 1992
21.77296377 1993
22.9004391 1994
29.14638595 1995
28.43654713 1996
31.08286517 1997
35.70749757 1998
36.05258706 1999
35.78643713 2000
37.97848634 2001
38.31815534 2002
37.43470864 2003
36.66505703 2004
38.0299077 2005
38.53149905 2006
40.9643966 2007
41.98291833 2008
47.3142859 2009
44.67867113 2010
42.96665838 2011
41.92511069 2012
42.30734843 2013
45.98968585 2014
54.6707215 2015
57.7274837 2016
55.30922471 2017
2018
2019
2020
2021
2022
Middle East & North Africa | 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
Middle East & North Africa
Records
63
Source
Create chart Download showed records Download Full dataset