Bank credit to bank deposits (%) in Libya
Libya: Bank credit to bank deposits (%) was 21.5% in 2021. ▼ Falling
Latest (2021)
21.5%
Change on year
up 45.8%
World rank
182nd
of 186 countries
All-time high
127.3%
in 1975
All-time low
14.7%
in 2020
Years of data
59
1963–2021
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% |
Libya compared with similar countries
- Libya's 21.5% is below the median for upper middle income countries, which is 79.3%, 27% of the median. (55 countries reporting)
- Libya's 21.5% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 55.4%, 39% of the median. (23 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 74.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 54.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 74.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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.
Download this data
CSV · JSON — 59 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).