Domestic credit to private sector by banks (% of GDP) by country
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a...
Countries reporting
187
Highest
222.6%
Hong Kong, China
Lowest
3.0%
Afghanistan
Median
37.9%
Years covered
66
1960–2025
Data points
11,621
What the numbers show
Domestic credit to private sector by banks (% of GDP) is currently reported for 187 countries. The highest value is 222.6% in Hong Kong, China; the lowest is 3.0% in Afghanistan.
The median across all reporting countries is 37.9%, and the mean is 48.1%.
The gap between the highest and lowest reporting country is a factor of about 74.
Over the past decade 93 countries rose and 94 fell. The largest increase was in Myanmar (up 508.0%), and the largest decrease in Kuwait (down 95.0%).
Domestic credit to private sector by banks: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Hong Kong, China | 222.6% | 2025 | up 6.6% | rising |
| 2 | China | 194.3% | 2024 | up 41.2% | rising |
| 3 | Switzerland | 167.8% | 2016 | up 13.4% | rising |
| 4 | Korea | 160.3% | 2024 | up 27.8% | volatile |
| 5 | Denmark | 144.1% | 2024 | down 16.9% | volatile |
| 6 | Australia | 133.8% | 2025 | down 1.5% | volatile |
| 7 | New Zealand | 129.7% | 2025 | down 9.8% | volatile |
| 8 | Singapore | 128.4% | 2020 | up 35.4% | rising |
| 9 | Qatar | 126.2% | 2025 | up 78.3% | volatile |
| 10 | Sweden | 125.3% | 2024 | down 3.9% | volatile |
| 11 | Viet Nam | 125.0% | 2022 | up 65.4% | volatile |
| 12 | Canada | 124.1% | 2008 | up 55.4% | rising |
| 13 | Cambodia | 121.4% | 2025 | up 119.3% | volatile |
| 14 | Malaysia | 117.9% | 2025 | down 4.2% | volatile |
| 15 | Macau, China | 117.0% | 2025 | up 7.9% | volatile |
| 16 | Japan | 115.9% | 2025 | up 16.2% | rising |
| 17 | United Kingdom of Great Britain and Northern Ireland | 112.3% | 2024 | down 16.6% | volatile |
| 18 | Thailand | 111.8% | 2025 | down 3.5% | volatile |
| 19 | Norway | 105.9% | 2024 | down 0.5% | rising |
| 20 | France | 103.9% | 2024 | up 10.7% | rising |
| 21 | Lebanon | 102.2% | 2017 | up 42.9% | rising |
| 22 | Luxembourg | 93.2% | 2023 | up 7.6% | rising |
| 23 | Finland | 90.9% | 2024 | down 2.6% | rising |
| 24 | Nepal | 90.4% | 2025 | up 59.5% | volatile |
| 25 | Iceland | 89.2% | 2025 | up 3.4% | volatile |
| 26 | Netherlands | 85.5% | 2023 | down 24.3% | falling |
| 27 | Austria | 81.5% | 2024 | down 7.4% | falling |
| 28 | Fiji | 78.3% | 2025 | up 27.9% | volatile |
| 29 | Portugal | 77.0% | 2024 | down 40.5% | falling |
| 30 | Germany | 76.4% | 2023 | down 5.3% | falling |
| 31 | Brazil | 75.1% | 2025 | up 12.4% | volatile |
| 32 | Honduras | 72.7% | 2025 | up 33.8% | volatile |
| 33 | Israel | 72.5% | 2025 | up 10.1% | rising |
| 34 | Spain | 72.4% | 2024 | down 44.0% | falling |
| 35 | Bhutan | 72.3% | 2025 | up 70.0% | volatile |
| 36 | Mauritius | 72.0% | 2025 | down 27.1% | volatile |
| 37 | Jordan | 71.2% | 2025 | up 17.5% | rising |
| 38 | Bahrain | 70.6% | 2015 | up 61.5% | rising |
| 39 | Chile | 70.1% | 2025 | down 13.6% | volatile |
| 40 | Armenia | 68.7% | 2025 | up 57.5% | volatile |
| 41 | United Arab Emirates | 68.0% | 2024 | up 10.6% | volatile |
| 42 | Panama | 66.8% | 2025 | down 11.5% | rising |
| 43 | Belgium | 66.8% | 2024 | up 15.9% | rising |
| 44 | Georgia | 65.9% | 2025 | up 49.7% | volatile |
| 45 | Saint Kitts and Nevis | 65.0% | 2025 | up 20.7% | rising |
| 46 | Saudi Arabia | 64.3% | 2025 | up 21.9% | volatile |
| 47 | Oman | 63.2% | 2024 | up 54.1% | volatile |
| 48 | Malta | 61.7% | 2024 | down 34.7% | falling |
| 49 | Estonia | 60.5% | 2024 | down 8.6% | falling |
| 50 | Kosovo | 59.9% | 2025 | up 69.2% | rising |
| 50 | Kosovo (UNSCR 1244) | 59.9% | 2025 | up 69.2% | rising |
| 52 | Slovakia | 59.6% | 2024 | up 20.5% | rising |
| 53 | Barbados | 59.6% | 2023 | down 13.2% | rising |
| 54 | Italy | 59.2% | 2024 | down 32.7% | flat |
| 55 | South Africa | 59.2% | 2025 | down 5.3% | rising |
| 56 | Aruba | 58.0% | 2023 | down 1.9% | rising |
| 57 | Iran, Islamic Republic of | 57.8% | 2016 | up 29.1% | rising |
| 58 | Tunisia | 57.6% | 2025 | down 4.1% | rising |
| 59 | Ecuador | 57.6% | 2025 | up 107.4% | volatile |
| 60 | Grenada | 57.5% | 2025 | up 0.4% | rising |
| 61 | Cyprus | 56.6% | 2024 | down 77.5% | falling |
| 62 | Palestine, State of | 56.4% | 2025 | up 73.3% | rising |
| 63 | Paraguay | 55.7% | 2025 | up 28.5% | volatile |
| 64 | El Salvador | 55.0% | 2025 | up 15.2% | rising |
| 65 | Russian Federation | 54.6% | 2021 | up 31.0% | rising |
| 66 | Morocco | 53.5% | 2025 | down 8.4% | volatile |
| 67 | Cape Verde | 53.4% | 2025 | down 4.6% | volatile |
| 68 | North Macedonia | 53.3% | 2025 | up 4.6% | rising |
| 69 | Philippines | 52.1% | 2025 | up 30.6% | rising |
| 70 | Bolivia, Plurinational State of | 51.8% | 2025 | up 0.6% | volatile |
| 71 | Saint Lucia | 51.7% | 2025 | down 27.0% | rising |
| 72 | Montenegro | 50.9% | 2025 | up 0.0% | rising |
| 73 | Trinidad and Tobago | 50.3% | 2025 | up 54.6% | rising |
| 74 | Costa Rica | 50.0% | 2025 | down 8.1% | rising |
| 75 | Mongolia | 48.5% | 2025 | down 8.3% | volatile |
| 76 | Greece | 48.4% | 2024 | down 58.9% | flat |
| 77 | Czechia | 48.0% | 2024 | down 2.2% | falling |
| 78 | Vanuatu | 47.8% | 2024 | down 27.9% | rising |
| 79 | Bulgaria | 47.0% | 2024 | down 20.5% | rising |
| 80 | Sri Lanka | 46.9% | 2019 | up 82.3% | rising |
| 81 | Croatia | 46.8% | 2024 | down 29.8% | falling |
| 82 | Bosnia and Herzegovina | 46.1% | 2025 | down 12.9% | rising |
| 83 | Namibia | 46.1% | 2025 | down 14.5% | rising |
| 84 | Jamaica | 45.7% | 2025 | up 60.6% | rising |
| 85 | United States of America | 44.5% | 2025 | down 12.4% | flat |
| 86 | India | 44.0% | 2025 | down 15.1% | rising |
| 87 | Belize | 42.9% | 2025 | down 6.4% | rising |
| 88 | Bahamas | 40.4% | 2024 | down 33.4% | rising |
| 89 | Colombia | 39.8% | 2025 | down 15.0% | rising |
| 90 | Peru | 39.6% | 2024 | down 3.1% | volatile |
| 91 | Brunei Darussalam | 39.1% | 2025 | down 5.0% | falling |
| 92 | Timor-Leste | 39.0% | 2025 | up 198.8% | rising |
| 93 | Dominica | 38.1% | 2025 | down 19.9% | rising |
| 94 | Burundi | 37.9% | 2025 | up 113.3% | volatile |
| 95 | Antigua and Barbuda | 37.4% | 2025 | down 23.1% | rising |
| 96 | Türkiye | 36.9% | 2025 | down 41.0% | volatile |
| 97 | Guatemala | 36.7% | 2025 | up 5.8% | rising |
| 98 | Saint Vincent and the Grenadines | 36.6% | 2025 | down 26.1% | rising |
| 99 | Samoa | 36.1% | 2009 | up 43.3% | volatile |
| 100 | Lithuania | 35.7% | 2024 | down 12.9% | falling |
| 101 | Slovenia | 35.4% | 2024 | down 35.6% | falling |
| 102 | Serbia | 35.4% | 2025 | down 9.4% | rising |
| 103 | Seychelles | 34.5% | 2025 | up 41.5% | rising |
| 104 | Bangladesh | 34.4% | 2025 | down 22.2% | volatile |
| 105 | Tonga | 33.8% | 2025 | down 0.0% | rising |
| 106 | Poland | 33.6% | 2024 | down 36.2% | rising |
| 107 | Botswana | 33.1% | 2025 | down 7.9% | rising |
| 108 | Maldives | 32.5% | 2025 | up 22.8% | volatile |
| 109 | Hungary | 32.1% | 2024 | down 24.4% | rising |
| 110 | Dominican Republic | 31.8% | 2025 | up 27.6% | rising |
| 111 | Indonesia | 31.8% | 2025 | down 4.0% | rising |
| 112 | Albania | 31.5% | 2024 | down 15.4% | volatile |
| 113 | Uzbekistan | 31.2% | 2025 | up 242.6% | rising |
| 114 | Senegal | 30.9% | 2025 | up 13.2% | rising |
| 115 | Uruguay | 30.7% | 2025 | up 10.7% | rising |
| 116 | Kenya | 29.7% | 2024 | down 13.9% | rising |
| 117 | Latvia | 29.3% | 2024 | down 44.9% | falling |
| 118 | Nicaragua | 29.1% | 2024 | down 6.8% | rising |
| 119 | Myanmar | 29.0% | 2020 | up 508.0% | volatile |
| 120 | Republic of Moldova | 28.2% | 2025 | up 5.4% | rising |
| 121 | Mexico | 27.1% | 2025 | up 17.6% | falling |
| 122 | Kazakhstan | 25.9% | 2025 | down 23.9% | volatile |
| 123 | Egypt | 25.8% | 2025 | down 1.8% | rising |
| 124 | Djibouti | 25.2% | 2025 | up 16.0% | falling |
| 125 | Belarus | 24.1% | 2021 | down 35.3% | rising |
| 126 | Venezuela, Bolivarian Republic of | 23.9% | 2015 | up 81.9% | flat |
| 127 | Lesotho | 23.8% | 2024 | up 24.8% | rising |
| 128 | Ireland | 23.8% | 2024 | down 69.7% | volatile |
| 129 | Micronesia, Federated States of | 23.4% | 2021 | up 18.9% | falling |
| 130 | Eswatini | 23.0% | 2025 | up 8.3% | flat |
| 131 | Togo | 22.9% | 2025 | down 21.2% | rising |
| 132 | Azerbaijan | 22.8% | 2025 | down 40.5% | volatile |
| 133 | Burkina Faso | 22.7% | 2025 | down 9.2% | volatile |
| 134 | Côte d'Ivoire | 22.7% | 2025 | up 36.1% | falling |
| 135 | Mauritania | 22.6% | 2019 | up 20.3% | rising |
| 136 | Kyrgyzstan | 22.2% | 2024 | up 11.5% | volatile |
| 137 | Romania | 22.1% | 2025 | down 26.2% | volatile |
| 138 | Rwanda | 22.0% | 2025 | up 4.8% | volatile |
| 139 | Solomon Islands | 21.5% | 2024 | up 24.9% | rising |
| 140 | Lao People's Democratic Republic | 20.9% | 2010 | up 165.4% | volatile |
| 141 | Syrian Arab Republic | 20.7% | 2011 | up 155.2% | volatile |
| 142 | Mali | 20.4% | 2025 | down 2.8% | rising |
| 143 | Suriname | 20.2% | 2025 | down 39.9% | flat |
| 144 | Benin | 19.7% | 2025 | up 18.6% | volatile |
| 145 | Algeria | 19.6% | 2025 | up 1.9% | volatile |
| 146 | Eritrea | 19.0% | 2014 | down 25.6% | falling |
| 147 | Mozambique | 17.7% | 2025 | down 44.4% | rising |
| 148 | Ethiopia | 17.6% | 2008 | up 11.9% | volatile |
| 149 | Liberia | 16.9% | 2024 | up 50.6% | volatile |
| 150 | Tanzania, United Republic of | 16.6% | 2024 | up 25.7% | volatile |
| 151 | Madagascar | 16.3% | 2024 | up 40.0% | falling |
| 152 | Argentina | 15.8% | 2025 | up 11.2% | falling |
| 153 | Comoros | 15.0% | 2024 | up 11.2% | rising |
| 154 | Cameroon | 14.1% | 2019 | up 46.0% | falling |
| 155 | Iraq | 14.0% | 2024 | up 105.3% | falling |
| 156 | Congo | 13.7% | 2023 | up 55.1% | falling |
| 157 | Zambia | 13.7% | 2025 | down 12.7% | falling |
| 158 | Papua New Guinea | 13.4% | 2025 | down 23.6% | falling |
| 159 | Gabon | 13.3% | 2019 | up 32.4% | falling |
| 160 | Nigeria | 13.1% | 2023 | up 13.9% | rising |
| 161 | Central African Republic | 12.8% | 2022 | up 19.9% | falling |
| 162 | Uganda | 12.5% | 2025 | down 2.1% | rising |
| 163 | Libya | 12.3% | 2025 | down 49.6% | volatile |
| 164 | Ukraine | 12.0% | 2025 | down 74.4% | volatile |
| 165 | Tajikistan | 11.6% | 2023 | down 31.3% | rising |
| 166 | Guyana | 11.3% | 2025 | down 61.5% | volatile |
| 167 | Congo, Democratic Republic of the | 11.2% | 2023 | up 129.5% | volatile |
| 168 | Pakistan | 10.7% | 2025 | down 22.6% | falling |
| 169 | Guinea | 9.9% | 2025 | down 13.8% | volatile |
| 170 | Guinea-Bissau | 9.6% | 2025 | up 30.3% | volatile |
| 171 | Niger | 9.5% | 2025 | down 14.9% | volatile |
| 172 | Gambia | 9.1% | 2024 | up 6.4% | volatile |
| 173 | Chad | 8.3% | 2021 | up 135.2% | volatile |
| 174 | Ghana | 8.2% | 2024 | down 47.7% | volatile |
| 175 | Malawi | 7.7% | 2024 | down 1.9% | falling |
| 176 | Zimbabwe | 6.5% | 2023 | down 65.4% | volatile |
| 177 | Sao Tome and Principe | 6.1% | 2024 | down 80.6% | volatile |
| 178 | Equatorial Guinea | 5.8% | 2023 | down 15.8% | volatile |
| 179 | Angola | 5.7% | 2025 | down 73.1% | volatile |
| 180 | Sudan | 5.6% | 2022 | down 52.8% | falling |
| 181 | Yemen | 5.6% | 2013 | down 11.5% | rising |
| 182 | Sierra Leone | 5.5% | 2025 | up 67.8% | falling |
| 183 | Somalia | 5.4% | 2024 | up 131.2% | volatile |
| 184 | Kuwait | 4.9% | 2025 | down 95.0% | volatile |
| 185 | South Sudan | 3.2% | 2025 | up 43.7% | volatile |
| 186 | Haiti | 3.1% | 2025 | down 70.0% | rising |
| 187 | Afghanistan | 3.0% | 2020 | down 74.1% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific (excluding high income) 176.6%
- East Asia & Pacific (IDA & IBRD countries) 176.6%
- East Asia & Pacific 164.6%
- Late-demographic dividend 153.4%
- Upper middle income 136.8%
- Middle income 120.0%
- IBRD only 119.8%
- Low & middle income 119.3%
- IDA & IBRD total 115.1%
- World 89.5%
- Euro area 78.1%
- Europe & Central Asia 76.8%
- European Union 73.5%
- Post-demographic dividend 72.6%
- High income 70.8%
- OECD members 68.0%
- Pacific island small states 60.2%
- Other small states 59.4%
- Arab World 54.0%
- Middle East, North Africa, Afghanistan & Pakistan 52.3%
- Small states 52.3%
- Europe & Central Asia (IDA & IBRD countries) 48.5%
- Latin America & Caribbean 48.5%
- Latin America & the Caribbean (IDA & IBRD countries) 48.5%
- Latin America & Caribbean (excluding high income) 47.3%
- North America 44.5%
- South Asia 43.5%
- South Asia (IDA & IBRD) 43.5%
- Early-demographic dividend 40.4%
- Lower middle income 39.1%
- Central Europe and the Baltics 36.9%
- Africa Eastern and Southern 34.4%
- Europe & Central Asia (excluding high income) 33.9%
- Caribbean Small States 32.7%
- IDA only 32.5%
- Least developed countries 30.8%
- IDA total 27.1%
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 26.9%
- Middle East, North Africa, Afghanistan & Pakistan (IDA & IBRD) 26.6%
- Sub-Saharan Africa 24.7%
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.