Uganda | 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 Uganda
Records
63
Source
Uganda | Domestic credit to private sector by banks (% of GDP)
6.46760005 1960
6.41004335 1961
7.423697 1962
7.08766158 1963
7.65179016 1964
7.99303577 1965
8.81996974 1966
8.69011434 1967
9.02960864 1968
9.90734396 1969
9.44029121 1970
8.63380421 1971
8.81690141 1972
9.43566963 1973
10.08015215 1974
7.67093615 1975
7.0739182 1976
4.63842147 1977
4.48711961 1978
3.09171235 1979
3.93536931 1980
4.00830031 1981
2.96245695 1982
3.18570153 1983
2.64561334 1984
3.40328881 1985
2.90174754 1986
2.81015529 1987
2.78243307 1988
3.31125702 1989
3.5881452 1990
3.52853034 1991
3.82740567 1992
4.31339766 1993
4.33362953 1994
4.57978603 1995
5.27893338 1996
4.82347488 1997
5.61175258 1998
6.02024306 1999
5.67423418 2000
6.62231396 2001
7.70231189 2002
8.27064603 2003
7.61296837 2004
8.47188437 2005
9.97036359 2006
10.09833188 2007
13.78590442 2008
8.20252393 2009
10.04823403 2010
11.35843282 2011
11.87147488 2012
11.86115146 2013
12.29706635 2014
12.81568791 2015
12.50352355 2016
12.31158413 2017
12.39382065 2018
12.70526223 2019
13.02661749 2020
13.27622915 2021
13.37028789 2022
Uganda | 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 Uganda
Records
63
Source