Bank credit to bank deposits (%) in Micronesia (country)
Micronesia (country): Bank credit to bank deposits (%) was 31.3% in 2020. ▼ Falling
Bank credit to bank deposits in Micronesia (country), 1995–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Micronesia (country) 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 (country) peaked at 65.8% in 2000 and was at its lowest, 31.3%, in 2020.
That places Micronesia (country) 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 (country), 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% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s 31.3% is below the median for upper middle income countries, which is 79.3%, 39% of the median. (55 countries reporting)
- Micronesia (country)'s 31.3% is below the median for East Asia & Pacific, which is 77.0%, 41% of the median. (26 countries reporting)
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 (country)
- 172 Seychelles 34.7% compare
- 173 Democratic Republic of Congo 34.6% compare
- 174 Haiti 33.3% compare
- 176 Sierra Leone 28.8% compare
- 177 East Timor 27.5% compare
- 178 Suriname 25.9% compare
More financial sector data for Micronesia (country)
- 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 (country)?
- Bank credit to bank deposits in Micronesia (country) 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 (country)?
- The highest recorded value was 65.8% in 2000.
- What is the lowest bank credit to bank deposits recorded in Micronesia (country)?
- The lowest recorded value was 31.3% in 2020.
- How does Micronesia (country) rank for bank credit to bank deposits?
- Micronesia (country) ranks 175th out of 186 countries with data for 2020.
- Is bank credit to bank deposits rising or falling in Micronesia (country)?
- Over the last ten years it is down 41.7%. The long-run trend across the full record is falling.
- Where does this Micronesia (country) 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 — 26 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).