Bank credit to bank deposits in Libya
Libya: Bank credit to bank deposits was 21.5% in 2021. ▼ Falling
Bank credit to bank deposits in Libya, 1963–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Libya stood at 21.5%.
Compared with earlier readings it is up 45.8% on the previous year and up 1.3% over ten years.
Over the whole period, bank credit to bank deposits in Libya peaked at 127.3% in 1975 and was at its lowest, 14.7%, in 2020.
Libya ranks 182nd of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 59 years of available data.
Bank credit to bank deposits in Libya, year by year
| Year | % | Change |
|---|---|---|
| 1963 | 61.6% | — |
| 1964 | 69.6% | +13.0% |
| 1965 | 53.1% | -23.6% |
| 1966 | 60.0% | +12.8% |
| 1967 | 59.9% | -0.2% |
| 1968 | 61.5% | +2.7% |
| 1969 | 73.4% | +19.4% |
| 1970 | 81.1% | +10.4% |
| 1971 | 54.6% | -32.7% |
| 1972 | 60.9% | +11.6% |
| 1973 | 80.7% | +32.5% |
| 1974 | 89.9% | +11.4% |
| 1975 | 127.3% | +41.6% |
| 1976 | 105.9% | -16.9% |
| 1977 | 99.3% | -6.2% |
| 1978 | 114.2% | +15.0% |
| 1979 | 93.0% | -18.6% |
| 1980 | 58.5% | -37.1% |
| 1981 | 89.0% | +52.2% |
| 1982 | 71.6% | -19.6% |
| 1983 | 100.0% | +39.6% |
| 1984 | 91.6% | -8.4% |
| 1985 | 66.9% | -26.9% |
| 1986 | 67.8% | +1.3% |
| 1987 | 69.8% | +2.9% |
| 1988 | 79.1% | +13.4% |
| 1989 | 87.4% | +10.5% |
| 1990 | 85.6% | -2.0% |
| 1991 | 80.4% | -6.0% |
| 1992 | 73.7% | -8.3% |
| 1993 | 79.0% | +7.2% |
| 1994 | 68.9% | -12.8% |
| 1995 | 67.2% | -2.5% |
| 1996 | 55.0% | -18.1% |
| 1997 | 60.8% | +10.6% |
| 1998 | 55.9% | -8.2% |
| 1999 | 62.7% | +12.2% |
| 2000 | 61.4% | -2.0% |
| 2001 | 60.8% | -1.0% |
| 2002 | 61.1% | +0.4% |
| 2003 | 53.7% | -12.1% |
| 2004 | 47.4% | -11.6% |
| 2005 | 38.9% | -17.9% |
| 2006 | 34.4% | -11.6% |
| 2007 | 26.0% | -24.5% |
| 2008 | 23.8% | -8.3% |
| 2009 | 23.9% | +0.3% |
| 2010 | 24.1% | +0.8% |
| 2011 | 21.2% | -12.0% |
| 2012 | 23.1% | +9.2% |
| 2013 | 25.3% | +9.5% |
| 2014 | 29.5% | +16.6% |
| 2015 | 28.9% | -2.3% |
| 2016 | 20.9% | -27.5% |
| 2017 | 16.6% | -20.9% |
| 2018 | 16.8% | +1.5% |
| 2019 | 17.3% | +3.2% |
| 2020 | 14.7% | -15.1% |
| 2021 | 21.5% | +45.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.7% | 53.1% | 73.4% | 7 |
| 1970s | 90.7% | 54.6% | 127.3% | 10 |
| 1980s | 78.2% | 58.5% | 100.0% | 10 |
| 1990s | 68.9% | 55.0% | 85.6% | 10 |
| 2000s | 43.1% | 23.8% | 61.4% | 10 |
| 2010s | 22.4% | 16.6% | 29.5% | 10 |
| 2020s | 18.1% | 14.7% | 21.5% | 2 |
Countries ranked near Libya
More financial sector data for Libya
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.7762 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 8,435 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -10.18 % change on previous year (2023)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2023)
- Total reserves in months of imports, per capita 0 units per person (2023)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.7722 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 1.2 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 7,733 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.672 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 8,230 SDR per person (2025)
Frequently asked questions
- What is bank credit to bank deposits in Libya?
- Bank credit to bank deposits in Libya was 21.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Libya?
- The highest recorded value was 127.3% in 1975.
- What is the lowest bank credit to bank deposits recorded in Libya?
- The lowest recorded value was 14.7% in 2020.
- How does Libya rank for bank credit to bank deposits?
- Libya ranks 182nd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Libya?
- Over the last ten years it is up 1.3%. The long-run trend across the full record is falling.
- Where does this Libya 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.
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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).