Borrowers from commercial banks in Upper middle income
Upper middle income: Borrowers from commercial banks was 307.38 per 1,000 adults in 2024. ▲ Rising
Borrowers from commercial banks in Upper middle income, 2007–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Upper middle income is 307.38 per 1,000 adults, measured in 2024.
The figure is down 2.1% on the previous year and up 6.4% over ten years.
Over the whole period, borrowers from commercial banks in Upper middle income peaked at 314.06 per 1,000 adults in 2023 and was at its lowest, 118.28 per 1,000 adults, in 2007.
That places Upper middle income 8th out of 35 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Borrowers from commercial banks in Upper middle income, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2007 | 118.28 per 1,000 adults | — |
| 2008 | 136.68 per 1,000 adults | +15.6% |
| 2009 | 148.44 per 1,000 adults | +8.6% |
| 2010 | 160.99 per 1,000 adults | +8.4% |
| 2011 | 152.87 per 1,000 adults | -5.0% |
| 2012 | 206.93 per 1,000 adults | +35.4% |
| 2013 | 215.22 per 1,000 adults | +4.0% |
| 2014 | 288.83 per 1,000 adults | +34.2% |
| 2015 | 273.97 per 1,000 adults | -5.1% |
| 2016 | 279.28 per 1,000 adults | +1.9% |
| 2017 | 277.47 per 1,000 adults | -0.6% |
| 2018 | 245.11 per 1,000 adults | -11.7% |
| 2019 | 256.45 per 1,000 adults | +4.6% |
| 2020 | 245.86 per 1,000 adults | -4.1% |
| 2021 | 254.66 per 1,000 adults | +3.6% |
| 2022 | 288.36 per 1,000 adults | +13.2% |
| 2023 | 314.06 per 1,000 adults | +8.9% |
| 2024 | 307.38 per 1,000 adults | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 134.47 per 1,000 adults | 118.28 per 1,000 adults | 148.44 per 1,000 adults | 3 |
| 2010s | 235.71 per 1,000 adults | 152.87 per 1,000 adults | 288.83 per 1,000 adults | 10 |
| 2020s | 282.06 per 1,000 adults | 245.86 per 1,000 adults | 314.06 per 1,000 adults | 5 |
Countries ranked near Upper middle income
- 5 Brazil 767.6 per 1,000 adults compare
- 6 Uruguay 766.28 per 1,000 adults compare
- 7 Belgium 672.95 per 1,000 adults compare
- 8 China 662.05 per 1,000 adults compare
- 9 United Arab Emirates 628.86 per 1,000 adults compare
- 10 Italy 587.27 per 1,000 adults compare
- 11 Georgia 559.22 per 1,000 adults compare
More financial sector data for Upper middle income
- Net migration 576,949 (2025)
- Total reserves in months of imports 10.37 (2025)
- Monetary Sector credit to private sector 136.9% (2024)
- Broad money 167.9% (2024)
- Claims on central government, etc. 37.8% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 10.98 % 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 139.0% (2024)
- Net migration, annual growth rate 197.12 % change on previous year (2025)
Frequently asked questions
- What is borrowers from commercial banks in Upper middle income?
- Borrowers from commercial banks in Upper middle income was 307.38 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 Upper middle income?
- The highest recorded value was 314.06 per 1,000 adults in 2023.
- What is the lowest borrowers from commercial banks recorded in Upper middle income?
- The lowest recorded value was 118.28 per 1,000 adults in 2007.
- How does Upper middle income rank for borrowers from commercial banks?
- Upper middle income ranks 8th out of 35 groups with data for 2024.
- Is borrowers from commercial banks rising or falling in Upper middle income?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is rising.
- Where does this Upper middle 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.