Bank credit to bank deposits in Australia
Australia: Bank credit to bank deposits was 118.6% in 2021. ▲ Rising
Bank credit to bank deposits in Australia, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Australia stood at 118.6%.
The figure is down 1.1% on the previous year and down 5.1% over ten years.
Over the whole period, bank credit to bank deposits in Australia peaked at 144.2% in 2005 and was at its lowest, 43.9%, in 1962.
Australia ranks 24th of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Bank credit to bank deposits in Australia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 47.4% | — |
| 1961 | 43.9% | -7.5% |
| 1962 | 43.9% | -0.0% |
| 1963 | 43.9% | +0.1% |
| 1964 | 44.8% | +2.0% |
| 1965 | 47.7% | +6.5% |
| 1966 | 49.8% | +4.3% |
| 1967 | 51.7% | +3.8% |
| 1968 | 54.7% | +5.9% |
| 1969 | 56.2% | +2.8% |
| 1970 | 57.2% | +1.8% |
| 1971 | 59.6% | +4.2% |
| 1972 | 57.5% | -3.4% |
| 1973 | 61.4% | +6.8% |
| 1974 | 67.6% | +10.0% |
| 1975 | 64.8% | -4.1% |
| 1976 | 69.0% | +6.4% |
| 1977 | 73.5% | +6.5% |
| 1978 | 75.2% | +2.4% |
| 1979 | 77.9% | +3.6% |
| 1980 | 75.2% | -3.5% |
| 1981 | 77.7% | +3.3% |
| 1982 | 78.6% | +1.1% |
| 1983 | 79.6% | +1.3% |
| 1984 | 85.1% | +7.0% |
| 1985 | 96.5% | +13.3% |
| 1986 | 106.4% | +10.3% |
| 1987 | 106.8% | +0.3% |
| 1988 | 111.6% | +4.6% |
| 1989 | 120.6% | +8.0% |
| 1990 | 119.9% | -0.6% |
| 1991 | 121.2% | +1.1% |
| 1992 | 118.3% | -2.4% |
| 1993 | 120.1% | +1.5% |
| 1994 | 120.7% | +0.5% |
| 1995 | 123.2% | +2.1% |
| 1996 | 121.2% | -1.6% |
| 1997 | 125.3% | +3.3% |
| 1998 | 128.4% | +2.5% |
| 1999 | 128.7% | +0.2% |
| 2000 | 138.0% | +7.3% |
| 2001 | 130.8% | -5.3% |
| 2002 | 136.5% | +4.4% |
| 2003 | 139.1% | +1.9% |
| 2004 | 138.6% | -0.4% |
| 2005 | 144.2% | +4.1% |
| 2006 | 141.5% | -1.9% |
| 2007 | 126.8% | -10.4% |
| 2008 | 124.7% | -1.7% |
| 2009 | 133.1% | +6.7% |
| 2010 | 127.5% | -4.3% |
| 2011 | 125.0% | -2.0% |
| 2012 | 122.1% | -2.3% |
| 2013 | 137.3% | +12.4% |
| 2014 | 138.8% | +1.1% |
| 2015 | 119.1% | -14.2% |
| 2016 | 139.7% | +17.3% |
| 2017 | 138.8% | -0.7% |
| 2018 | 140.5% | +1.2% |
| 2019 | 133.4% | -5.0% |
| 2020 | 119.9% | -10.1% |
| 2021 | 118.6% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 48.4% | 43.9% | 56.2% | 10 |
| 1970s | 66.4% | 57.2% | 77.9% | 10 |
| 1980s | 93.8% | 75.2% | 120.6% | 10 |
| 1990s | 122.7% | 118.3% | 128.7% | 10 |
| 2000s | 135.3% | 124.7% | 144.2% | 10 |
| 2010s | 132.2% | 119.1% | 140.5% | 10 |
| 2020s | 119.3% | 118.6% | 119.9% | 2 |
Countries ranked near Australia
More financial sector data for Australia
- Reserve position in the IMF, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 83.74 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.56 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 61.14 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.9 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 83.74 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.56 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Australia?
- Bank credit to bank deposits in Australia was 118.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Australia?
- The highest recorded value was 144.2% in 2005.
- What is the lowest bank credit to bank deposits recorded in Australia?
- The lowest recorded value was 43.9% in 1962.
- How does Australia rank for bank credit to bank deposits?
- Australia ranks 24th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Australia?
- Over the last ten years it is down 5.1%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).