Domestic credit provided by financial sector (% of GDP) by country
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available...
What the numbers show
Domestic credit provided by financial sector (% of GDP) is currently reported for 65 countries. The highest value is 338.1% in Japan; the lowest is 8.9% in Malawi.
The median across all reporting countries is 65.0%, and the mean is 77.3%.
The gap between the highest and lowest reporting country is a factor of about 38.
Over the past decade 44 countries rose and 20 fell. The largest increase was in Uzbekistan (up 280.2%), and the largest decrease in Ukraine (down 64.7%).
Domestic credit provided by financial sector: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Japan | 338.1% | 2025 | up 1.1% | rising |
| 2 | United States of America | 262.3% | 2025 | up 13.9% | rising |
| 3 | Canada | 212.8% | 2006 | up 84.8% | rising |
| 4 | Thailand | 196.5% | 2025 | up 14.8% | rising |
| 5 | Fiji | 170.1% | 2025 | up 52.7% | rising |
| 6 | New Zealand | 158.8% | 2025 | down 0.8% | flat |
| 7 | Jamaica | 152.3% | 2021 | — | rising |
| 8 | Morocco | 135.0% | 2024 | up 10.5% | rising |
| 9 | Chile | 125.7% | 2025 | up 4.5% | rising |
| 10 | Norway | 125.4% | 2024 | down 3.8% | rising |
| 11 | South Africa | 123.4% | 2024 | down 20.9% | rising |
| 12 | El Salvador | 113.3% | 2025 | up 25.3% | rising |
| 13 | Philippines | 104.5% | 2025 | up 26.9% | rising |
| 14 | Maldives | 100.9% | 2025 | up 65.5% | rising |
| 15 | Tunisia | 100.4% | 2025 | up 30.8% | rising |
| 16 | Bhutan | 97.4% | 2025 | up 70.3% | rising |
| 17 | Panama | 89.8% | 2020 | up 14.8% | rising |
| 18 | Honduras | 85.5% | 2024 | up 48.6% | rising |
| 19 | Armenia | 83.0% | 2025 | up 72.0% | rising |
| 20 | Namibia | 80.4% | 2024 | up 15.0% | rising |
| 21 | North Macedonia | 79.4% | 2025 | up 30.5% | rising |
| 22 | United Arab Emirates | 78.1% | 2022 | down 23.5% | falling |
| 23 | Bolivia, Plurinational State of | 77.5% | 2019 | up 56.5% | rising |
| 24 | Brunei Darussalam | 76.3% | 2025 | up 91.0% | volatile |
| 25 | Colombia | 75.8% | 2024 | up 7.7% | rising |
| 26 | Bahamas | 75.3% | 2016 | up 14.3% | rising |
| 27 | Georgia | 75.0% | 2025 | up 46.5% | rising |
| 28 | Costa Rica | 73.4% | 2025 | up 1.5% | rising |
| 29 | Cape Verde | 70.0% | 2024 | down 10.5% | flat |
| 30 | Kosovo | 68.9% | 2025 | up 112.2% | rising |
| 30 | Kosovo (UNSCR 1244) | 68.9% | 2025 | up 112.2% | rising |
| 32 | Mexico | 66.8% | 2025 | up 31.8% | rising |
| 33 | Ecuador | 65.0% | 2025 | up 104.7% | rising |
| 34 | Uruguay | 61.4% | 2023 | up 23.2% | flat |
| 35 | Türkiye | 60.2% | 2025 | down 21.9% | rising |
| 36 | Dominican Republic | 59.7% | 2025 | up 27.5% | rising |
| 37 | Albania | 56.4% | 2024 | down 22.5% | falling |
| 38 | Botswana | 55.8% | 2025 | up 155.8% | rising |
| 39 | Kenya | 55.7% | 2023 | up 11.5% | rising |
| 40 | Zimbabwe | 55.3% | 2005 | up 5.8% | volatile |
| 41 | Bosnia and Herzegovina | 53.7% | 2024 | down 17.6% | falling |
| 42 | Indonesia | 51.2% | 2025 | up 9.4% | rising |
| 43 | Samoa | 48.8% | 2025 | down 32.7% | rising |
| 44 | Ethiopia | 46.8% | 2006 | up 50.1% | volatile |
| 45 | Guatemala | 45.9% | 2025 | up 4.6% | rising |
| 46 | Argentina | 42.0% | 2025 | up 3.9% | rising |
| 47 | Kazakhstan | 41.6% | 2025 | down 9.1% | flat |
| 48 | Belarus | 40.7% | 2021 | up 32.4% | rising |
| 49 | Ukraine | 38.3% | 2024 | down 64.7% | falling |
| 50 | Solomon Islands | 36.3% | 2024 | up 88.7% | falling |
| 51 | Papua New Guinea | 35.5% | 2024 | down 4.5% | rising |
| 52 | Zambia | 35.2% | 2024 | up 36.3% | rising |
| 53 | Uganda | 34.0% | 2024 | up 89.8% | rising |
| 54 | Trinidad and Tobago | 33.1% | 2009 | down 37.5% | volatile |
| 55 | Republic of Moldova | 32.0% | 2024 | down 2.8% | falling |
| 56 | Guyana | 30.7% | 2025 | down 35.6% | volatile |
| 57 | Nicaragua | 29.1% | 2024 | down 37.9% | falling |
| 58 | Uzbekistan | 24.1% | 2024 | up 280.2% | rising |
| 59 | Venezuela, Bolivarian Republic of | 22.5% | 2010 | up 51.0% | falling |
| 60 | Azerbaijan | 22.0% | 2025 | down 22.0% | rising |
| 61 | Peru | 19.1% | 2011 | down 24.7% | falling |
| 62 | Angola | 14.8% | 2025 | down 38.1% | falling |
| 63 | Comoros | 13.9% | 2010 | up 62.8% | falling |
| 64 | Tajikistan | 11.1% | 2023 | down 43.0% | falling |
| 65 | Malawi | 8.9% | 2007 | up 30.0% | falling |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific 263.1%
- North America 262.3%
- Pacific island small states 125.4%
- Africa Eastern and Southern 101.5%
- Europe & Central Asia (excluding high income) 56.9%
- Caribbean Small States 47.2%
About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.