Tunisia | Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes 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: Both banking and financial systems enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient. The size and mobility of international capital flows make it increasingly important to monitor the strength of financial systems. Robust financial systems can increase economic activity and welfare, but instability can disrupt financial activity and impose widespread costs on the economy. Limitations and exceptions: In a few countries governments may hold international reserves as deposits in the banking system rather than in the central bank. Since claims on the central government are a net item (claims on the central government minus central government deposits), the figure may be negative, resulting in a negative figure for domestic credit provided by the banking sector. Statistical concept and methodology: Domestic credit provided by the financial sector as a share of GDP measures banking sector depth and financial sector development in terms of size. The data on domestic credit provided by the financial sector are taken from the financial corporations survey (line 52) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository corporations survey (line 32). The financial sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial institutions 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 banking institutions are savings and mortgage loan institutions, finance companies, development banks, and building and loan associations.
Publisher
The World Bank
Origin
Tunisian Republic
Records
63
Source
Tunisia | Domestic credit provided by financial sector (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
48.43832716 1970
44.82523831 1971
40.60187354 1972
43.91010162 1973
42.95374079 1974
49.02894223 1975
54.06130367 1976
55.96491628 1977
57.74254197 1978
55.78569473 1979
54.40621381 1980
59.36480058 1981
64.69511281 1982
68.44252924 1983
71.43793276 1984
76.56228716 1985
82.01072566 1986
1987
1988
1989
1990
1991
71.56182784 1992
71.53975994 1993
71.10414322 1994
71.20438898 1995
65.22990827 1996
61.90426877 1997
62.18325647 1998
63.6433579 1999
66.36859826 2000
66.96738528 2001
67.63070648 2002
65.3963396 2003
64.15166909 2004
63.53631153 2005
63.79470105 2006
64.36572311 2007
65.59459014 2008
68.42190323 2009
70.66138792 2010
79.17210453 2011
79.3853195 2012
80.54633413 2013
81.8385041 2014
84.76566053 2015
87.79162193 2016
92.53439073 2017
2018
2019
2020
2021
2022

Tunisia | Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes 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: Both banking and financial systems enhance growth, the main factor in poverty reduction. At low levels of economic development commercial banks tend to dominate the financial system, while at higher levels domestic stock markets tend to become more active and efficient. The size and mobility of international capital flows make it increasingly important to monitor the strength of financial systems. Robust financial systems can increase economic activity and welfare, but instability can disrupt financial activity and impose widespread costs on the economy. Limitations and exceptions: In a few countries governments may hold international reserves as deposits in the banking system rather than in the central bank. Since claims on the central government are a net item (claims on the central government minus central government deposits), the figure may be negative, resulting in a negative figure for domestic credit provided by the banking sector. Statistical concept and methodology: Domestic credit provided by the financial sector as a share of GDP measures banking sector depth and financial sector development in terms of size. The data on domestic credit provided by the financial sector are taken from the financial corporations survey (line 52) of the International Monetary Fund's (IMF) International Financial Statistics or, when unavailable, from its depository corporations survey (line 32). The financial sector includes monetary authorities (the central bank) and deposit money banks, as well as other financial institutions 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 banking institutions are savings and mortgage loan institutions, finance companies, development banks, and building and loan associations.
Publisher
The World Bank
Origin
Tunisian Republic
Records
63
Source