Bank credit to bank deposits in Micronesia, Federated States of
Micronesia, Federated States of: Bank credit to bank deposits was 31.3% in 2020. ▼ Falling
Bank credit to bank deposits in Micronesia, Federated States of, 1995–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Micronesia, Federated States of recorded 31.3% for bank credit to bank deposits in 2020. That is the lowest value across all 26 years on record.
The figure is down 13.5% on the previous year and down 41.7% over ten years.
Over the whole period, bank credit to bank deposits in Micronesia, Federated States of peaked at 65.8% in 2000 and was at its lowest, 31.3%, in 2020.
That places Micronesia, Federated States of 175th out of 186 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Bank credit to bank deposits in Micronesia, Federated States of, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 60.8% | — |
| 1996 | 59.2% | -2.7% |
| 1997 | 55.1% | -6.9% |
| 1998 | 61.8% | +12.1% |
| 1999 | 64.4% | +4.3% |
| 2000 | 65.8% | +2.2% |
| 2001 | 60.7% | -7.9% |
| 2002 | 49.8% | -17.8% |
| 2003 | 41.0% | -17.7% |
| 2004 | 44.2% | +7.9% |
| 2005 | 49.9% | +12.8% |
| 2006 | 57.7% | +15.8% |
| 2007 | 56.8% | -1.6% |
| 2008 | 53.3% | -6.1% |
| 2009 | 51.9% | -2.8% |
| 2010 | 53.7% | +3.5% |
| 2011 | 51.3% | -4.5% |
| 2012 | 46.9% | -8.5% |
| 2013 | 42.8% | -8.9% |
| 2014 | 34.8% | -18.7% |
| 2015 | 40.5% | +16.6% |
| 2016 | 34.6% | -14.7% |
| 2017 | 34.6% | +0.2% |
| 2018 | 32.3% | -6.7% |
| 2019 | 36.2% | +12.0% |
| 2020 | 31.3% | -13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 60.3% | 55.1% | 64.4% | 5 |
| 2000s | 53.1% | 41.0% | 65.8% | 10 |
| 2010s | 40.8% | 32.3% | 53.7% | 10 |
| 2020s | 31.3% | 31.3% | 31.3% | 1 |
Countries ranked near Micronesia, Federated States of
- 172 Seychelles 34.7% compare
- 173 Congo, Democratic Republic of the 34.6% compare
- 174 Haiti 33.3% compare
- 176 Sierra Leone 28.8% compare
- 177 Timor-Leste 27.5% compare
- 178 Suriname 25.9% compare
More financial sector data for Micronesia, Federated States of
- 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.33 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 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.62 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 0.0014 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.33 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 Micronesia, Federated States of?
- Bank credit to bank deposits in Micronesia, Federated States of was 31.3% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Micronesia, Federated States of?
- The highest recorded value was 65.8% in 2000.
- What is the lowest bank credit to bank deposits recorded in Micronesia, Federated States of?
- The lowest recorded value was 31.3% in 2020.
- How does Micronesia, Federated States of rank for bank credit to bank deposits?
- Micronesia, Federated States of ranks 175th out of 186 countries with data for 2020.
- Is bank credit to bank deposits rising or falling in Micronesia, Federated States of?
- Over the last ten years it is down 41.7%. The long-run trend across the full record is falling.
- Where does this Micronesia, Federated States of 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).