Borrowers from commercial banks in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Borrowers from commercial banks was 208.97 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Latin America & Caribbean (excluding high income), 2006–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2024, borrowers from commercial banks in Latin America & Caribbean (excluding high income) stood at 208.97 per 1,000 adults. That is the highest value across all 19 years on record.
The figure is up 5.7% on the previous year and up 30.0% over ten years.
Over the whole period, borrowers from commercial banks in Latin America & Caribbean (excluding high income) peaked at 208.97 per 1,000 adults in 2024 and was at its lowest, 108.57 per 1,000 adults, in 2006.
Latin America & Caribbean (excluding high income) ranks 15th of 35 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Borrowers from commercial banks in Latin America & Caribbean (excluding high income), year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2006 | 108.57 per 1,000 adults | — |
| 2007 | 115.82 per 1,000 adults | +6.7% |
| 2008 | 128.24 per 1,000 adults | +10.7% |
| 2009 | 136.07 per 1,000 adults | +6.1% |
| 2010 | 135.73 per 1,000 adults | -0.3% |
| 2011 | 143.77 per 1,000 adults | +5.9% |
| 2012 | 151.52 per 1,000 adults | +5.4% |
| 2013 | 156.93 per 1,000 adults | +3.6% |
| 2014 | 160.71 per 1,000 adults | +2.4% |
| 2015 | 177.52 per 1,000 adults | +10.5% |
| 2016 | 190.34 per 1,000 adults | +7.2% |
| 2017 | 190.43 per 1,000 adults | +0.0% |
| 2018 | 196.56 per 1,000 adults | +3.2% |
| 2019 | 158.07 per 1,000 adults | -19.6% |
| 2020 | 147.83 per 1,000 adults | -6.5% |
| 2021 | 174.8 per 1,000 adults | +18.2% |
| 2022 | 186.57 per 1,000 adults | +6.7% |
| 2023 | 197.71 per 1,000 adults | +6.0% |
| 2024 | 208.97 per 1,000 adults | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 122.17 per 1,000 adults | 108.57 per 1,000 adults | 136.07 per 1,000 adults | 4 |
| 2010s | 166.16 per 1,000 adults | 135.73 per 1,000 adults | 196.56 per 1,000 adults | 10 |
| 2020s | 183.18 per 1,000 adults | 147.83 per 1,000 adults | 208.97 per 1,000 adults | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 12 Serbia 551.05 per 1,000 adults compare
- 13 Croatia 540.72 per 1,000 adults compare
- 14 Tajikistan 513.08 per 1,000 adults compare
- 15 Estonia 505.66 per 1,000 adults compare
- 16 Portugal 485.47 per 1,000 adults compare
- 17 Paraguay 465.52 per 1,000 adults compare
- 18 Spain 459.52 per 1,000 adults compare
More financial sector data for Latin America & Caribbean (excluding high income)
- Net migration -462,147 (2025)
- Total reserves in months of imports 6.7 (2025)
- Monetary Sector credit to private sector 47.3% (2025)
- Broad money 73.6% (2025)
- Claims on central government, etc. 35.1% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 50.1% (2025)
- Net migration, annual growth rate -2.22 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is borrowers from commercial banks in Latin America & Caribbean (excluding high income)?
- Borrowers from commercial banks in Latin America & Caribbean (excluding high income) was 208.97 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 208.97 per 1,000 adults in 2024.
- What is the lowest borrowers from commercial banks recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 108.57 per 1,000 adults in 2006.
- How does Latin America & Caribbean (excluding high income) rank for borrowers from commercial banks?
- Latin America & Caribbean (excluding high income) ranks 15th out of 35 groups with data for 2024.
- Is borrowers from commercial banks rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.