Domestic credit to private sector by banks in Belarus
Belarus: Domestic credit to private sector by banks was 24.1% in 2021. ▲ Rising
Domestic credit to private sector by banks in Belarus, 1994–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Belarus recorded 24.1% for domestic credit to private sector by banks in 2021.
The figure is down 7.7% on the previous year and down 35.3% over ten years.
Over the whole period, domestic credit to private sector by banks in Belarus peaked at 40.8% in 2010 and was at its lowest, 6.1%, in 1995.
Belarus ranks 125th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 28 years of available data.
Domestic credit to private sector by banks in Belarus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 17.6% | — |
| 1995 | 6.1% | -65.5% |
| 1996 | 6.4% | +5.8% |
| 1997 | 8.3% | +28.8% |
| 1998 | 16.1% | +94.9% |
| 1999 | 9.2% | -42.6% |
| 2000 | 8.8% | -4.9% |
| 2001 | 8.2% | -7.2% |
| 2002 | 9.0% | +10.9% |
| 2003 | 11.7% | +29.5% |
| 2004 | 13.9% | +18.3% |
| 2005 | 15.5% | +11.6% |
| 2006 | 19.5% | +25.9% |
| 2007 | 23.7% | +21.5% |
| 2008 | 27.2% | +15.1% |
| 2009 | 34.2% | +25.6% |
| 2010 | 40.8% | +19.5% |
| 2011 | 37.3% | -8.8% |
| 2012 | 20.7% | -44.3% |
| 2013 | 21.5% | +3.4% |
| 2014 | 22.1% | +3.1% |
| 2015 | 24.0% | +8.4% |
| 2016 | 21.7% | -9.5% |
| 2017 | 22.3% | +2.6% |
| 2018 | 23.1% | +3.8% |
| 2019 | 24.2% | +4.9% |
| 2020 | 26.1% | +7.9% |
| 2021 | 24.1% | -7.7% |
Belarus compared with similar countries
- Belarus's 24.1% is below the median for upper middle income countries, which is 39.8%, 61% of the median. (55 countries reporting)
- Belarus's 24.1% is below the median for Europe & Central Asia, which is 52.1%, 46% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 10.6% | 6.1% | 17.6% | 6 |
| 2000s | 17.2% | 8.2% | 34.2% | 10 |
| 2010s | 25.8% | 20.7% | 40.8% | 10 |
| 2020s | 25.1% | 24.1% | 26.1% | 2 |
Countries ranked near Belarus
More financial sector data for Belarus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.003 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0022 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.003 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Belarus?
- Domestic credit to private sector by banks in Belarus was 24.1% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Belarus?
- The highest recorded value was 40.8% in 2010.
- What is the lowest domestic credit to private sector by banks recorded in Belarus?
- The lowest recorded value was 6.1% in 1995.
- How does Belarus rank for domestic credit to private sector by banks?
- Belarus ranks 125th out of 187 countries with data for 2021.
- Is domestic credit to private sector by banks rising or falling in Belarus?
- Over the last ten years it is down 35.3%. The long-run trend across the full record is rising.
- Where does this Belarus data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.