Turkiye | 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
Republic of Turkiye
Records
63
Source
Turkiye | Domestic credit to private sector by banks (% of GDP)
17.65051395 1960
12.72600834 1961
14.10958904 1962
14.05579399 1963
14.70178926 1964
16.21169916 1965
17.00551615 1966
17.67045455 1967
18.6031746 1968
20.10273973 1969
20.63307888 1970
18.88247423 1971
20.32964372 1972
20.94945055 1973
19.66155708 1974
21.38364877 1975
22.18683188 1976
21.95219161 1977
17.45457994 1978
14.69281163 1979
13.58838374 1980
16.64666498 1981
18.48288252 1982
20.76040213 1983
17.84644339 1984
17.42588081 1985
19.65414561 1986
20.58151626 1987
17.33030501 1988
16.63577829 1989
16.67426516 1990
17.16911576 1991
17.94126955 1992
18.12320311 1993
15.9407833 1994
18.48619794 1995
22.82823276 1996
26.30055181 1997
16.7715399 1998
16.19514895 1999
17.25152295 2000
14.91421993 2001
14.05476199 2002
14.01066001 2003
16.57239564 2004
21.22373563 2005
24.72348602 2006
28.01624888 2007
30.89664736 2008
34.53365925 2009
41.5997833 2010
46.15969158 2011
48.73162759 2012
56.72071272 2013
59.63675116 2014
62.59624351 2015
65.28375444 2016
65.93728309 2017
63.13210074 2018
61.83160964 2019
70.89657681 2020
66.07029812 2021
48.35148854 2022
Turkiye | 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
Republic of Turkiye
Records
63
Source