Borrowers from commercial banks in Least developed countries
Least developed countries: Borrowers from commercial banks was 39.32 per 1,000 adults in 2020. ▲ Rising
Borrowers from commercial banks in Least developed countries, 2010–2020
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
In 2020, borrowers from commercial banks in Least developed countries stood at 39.32 per 1,000 adults. That is the highest value across all 11 years on record.
The figure is up 66.0% on the previous year and up 350.3% over ten years.
Over the whole period, borrowers from commercial banks in Least developed countries peaked at 39.32 per 1,000 adults in 2020 and was at its lowest, 7.98 per 1,000 adults, in 2011.
Least developed countries ranks 34th of 35 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Borrowers from commercial banks in Least developed countries, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2010 | 8.73 per 1,000 adults | — |
| 2011 | 7.98 per 1,000 adults | -8.6% |
| 2012 | 10.28 per 1,000 adults | +28.8% |
| 2013 | 16.9 per 1,000 adults | +64.4% |
| 2014 | 18.19 per 1,000 adults | +7.6% |
| 2015 | 21.42 per 1,000 adults | +17.8% |
| 2016 | 24.09 per 1,000 adults | +12.5% |
| 2017 | 21.75 per 1,000 adults | -9.7% |
| 2018 | 21.52 per 1,000 adults | -1.1% |
| 2019 | 23.69 per 1,000 adults | +10.1% |
| 2020 | 39.32 per 1,000 adults | +66.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 17.45 per 1,000 adults | 7.98 per 1,000 adults | 24.09 per 1,000 adults | 10 |
| 2020s | 39.32 per 1,000 adults | 39.32 per 1,000 adults | 39.32 per 1,000 adults | 1 |
Countries ranked near Least developed countries
- 31 Indonesia 358.68 per 1,000 adults compare
- 32 Chile 355.49 per 1,000 adults compare
- 33 Brunei 352.34 per 1,000 adults compare
- 34 Cyprus 348.79 per 1,000 adults compare
- 35 Bosnia and Herzegovina 333.58 per 1,000 adults compare
- 36 Kenya 324.9 per 1,000 adults compare
- 37 Montenegro 321.87 per 1,000 adults compare
More financial sector data for Least developed countries
- Total reserves in months of imports, annual growth rate -4.74 % 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 by banks 30.8% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports 5.77 (2025)
- Monetary Sector credit to private sector 31.1% (2024)
- Broad money 45.0% (2023)
- Net migration, annual growth rate 30.52 % change on previous year (2025)
- Claims on central government, etc. 12.1% (2024)
- Domestic credit to private sector 31.2% (2024)
Frequently asked questions
- What is borrowers from commercial banks in Least developed countries?
- Borrowers from commercial banks in Least developed countries was 39.32 per 1,000 adults in 2020, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Least developed countries?
- The highest recorded value was 39.32 per 1,000 adults in 2020.
- What is the lowest borrowers from commercial banks recorded in Least developed countries?
- The lowest recorded value was 7.98 per 1,000 adults in 2011.
- How does Least developed countries rank for borrowers from commercial banks?
- Least developed countries ranks 34th out of 35 groups with data for 2020.
- Is borrowers from commercial banks rising or falling in Least developed countries?
- Over the last ten years it is up 350.3%. The long-run trend across the full record is rising.
- Where does this Least developed countries 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.