Bank credit to bank deposits in Ireland
Ireland: Bank credit to bank deposits was 38.2% in 2021. ▲ Rising
Bank credit to bank deposits in Ireland, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Ireland recorded 38.2% for bank credit to bank deposits in 2021. That is the lowest value across all 60 years on record.
That represents a change of down 10.8% on the previous year and down 68.2% over ten years.
Over the whole period, bank credit to bank deposits in Ireland peaked at 167.0% in 2008 and was at its lowest, 38.2%, in 2021.
That places Ireland 168th out of 186 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Bank credit to bank deposits in Ireland, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 61.5% | — |
| 1961 | 59.6% | -3.1% |
| 1962 | 59.7% | +0.3% |
| 1963 | 61.3% | +2.6% |
| 1964 | 70.0% | +14.2% |
| 1965 | 66.9% | -4.5% |
| 1966 | 64.5% | -3.6% |
| 1967 | 61.4% | -4.8% |
| 1968 | 62.4% | +1.7% |
| 1969 | 60.9% | -2.5% |
| 1970 | 59.4% | -2.3% |
| 1971 | 67.8% | +14.0% |
| 1972 | 78.6% | +16.0% |
| 1973 | 74.1% | -5.7% |
| 1974 | 69.8% | -5.8% |
| 1975 | 67.6% | -3.2% |
| 1976 | 71.5% | +5.7% |
| 1977 | 79.3% | +10.9% |
| 1978 | 81.6% | +2.9% |
| 1979 | 83.6% | +2.5% |
| 1980 | 79.6% | -4.8% |
| 1981 | 80.3% | +0.9% |
| 1982 | 102.8% | +27.9% |
| 1983 | 109.3% | +6.4% |
| 1984 | 107.1% | -2.0% |
| 1985 | 105.2% | -1.8% |
| 1986 | 115.5% | +9.8% |
| 1987 | 108.5% | -6.1% |
| 1988 | 116.6% | +7.4% |
| 1989 | 129.3% | +10.9% |
| 1990 | 122.9% | -4.9% |
| 1991 | 113.6% | -7.6% |
| 1992 | 114.3% | +0.7% |
| 1993 | 93.9% | -17.9% |
| 1994 | 95.3% | +1.5% |
| 1995 | 106.6% | +11.9% |
| 1996 | 106.6% | -0.0% |
| 1997 | 115.7% | +8.5% |
| 1998 | 120.3% | +4.0% |
| 2001 | 104.3% | -13.3% |
| 2002 | 112.3% | +7.6% |
| 2003 | 120.0% | +6.9% |
| 2004 | 142.3% | +18.6% |
| 2005 | 160.7% | +12.9% |
| 2006 | 157.3% | -2.1% |
| 2007 | 163.9% | +4.2% |
| 2008 | 167.0% | +1.9% |
| 2009 | 153.9% | -7.8% |
| 2010 | 130.5% | -15.2% |
| 2011 | 120.1% | -8.0% |
| 2012 | 119.1% | -0.8% |
| 2013 | 104.9% | -11.9% |
| 2014 | 93.3% | -11.1% |
| 2015 | 74.2% | -20.4% |
| 2016 | 64.4% | -13.3% |
| 2017 | 61.7% | -4.1% |
| 2018 | 61.5% | -0.4% |
| 2019 | 51.7% | -15.9% |
| 2020 | 42.9% | -17.0% |
| 2021 | 38.2% | -10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.8% | 59.6% | 70.0% | 10 |
| 1970s | 73.3% | 59.4% | 83.6% | 10 |
| 1980s | 105.4% | 79.6% | 129.3% | 10 |
| 1990s | 109.9% | 93.9% | 122.9% | 9 |
| 2000s | 142.4% | 104.3% | 167.0% | 9 |
| 2010s | 88.1% | 51.7% | 130.5% | 10 |
| 2020s | 40.6% | 38.2% | 42.9% | 2 |
Countries ranked near Ireland
More financial sector data for Ireland
- Reserve position in the IMF, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 223.7 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.68 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 163.34 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.07 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 223.7 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.68 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Ireland?
- Bank credit to bank deposits in Ireland was 38.2% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Ireland?
- The highest recorded value was 167.0% in 2008.
- What is the lowest bank credit to bank deposits recorded in Ireland?
- The lowest recorded value was 38.2% in 2021.
- How does Ireland rank for bank credit to bank deposits?
- Ireland ranks 168th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Ireland?
- Over the last ten years it is down 68.2%. The long-run trend across the full record is rising.
- Where does this Ireland 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 — 60 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).