Argentina | Domestic credit to private sector (% of GDP)
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.
Publisher
The World Bank
Origin
Argentine Republic
Records
63
Source
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Argentina | Domestic credit to private sector (% of GDP)
13.61124436 1960
14.08812177 1961
12.01111434 1962
11.5200602 1963
10.6266941 1964
10.10666974 1965
11.0604754 1966
10.94357073 1967
13.86592329 1968
15.97850118 1969
17.5387441 1970
18.02169837 1971
17.63452604 1972
16.70557572 1973
19.17380828 1974
16.44134984 1975
13.56276729 1976
18.38290986 1977
20.55711741 1978
24.05622763 1979
25.39579275 1980
33.55230678 1981
33.90637227 1982
28.11827564 1983
25.00099884 1984
17.36414138 1985
16.90722949 1986
21.29731488 1987
20.33583548 1988
39.71749502 1989
15.60169481 1990
12.58720349 1991
15.44533545 1992
18.28460493 1993
20.280578 1994
19.96060756 1995
20.18700183 1996
21.93345876 1997
24.15329877 1998
24.89334375 1999
23.89473362 2000
20.83357465 2001
15.3318584 2002
10.76270592 2003
9.6825182 2004
10.65349292 2005
11.91026166 2006
13.09854135 2007
12.31394671 2008
12.41620754 2009
12.69010625 2010
14.00871512 2011
15.21281502 2012
15.72909201 2013
13.82376925 2014
14.41423304 2015
13.66763343 2016
15.95849734 2017
2018
2019
2020
2021
2022
Argentina | Domestic credit to private sector (% of GDP)
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. 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 are taken from the financial corporations survey (line 52D) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository survey (line 32D). The banking sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial corporations where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.
Publisher
The World Bank
Origin
Argentine Republic
Records
63
Source
Create chart Download showed records Download Full dataset