Domestic credit to private sector by banks in Colombia
Colombia: Domestic credit to private sector by banks was 39.8% in 2025. ▲ Rising
Domestic credit to private sector by banks in Colombia, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Colombia is 39.8%, measured in 2025.
Compared with earlier readings it is up 1.2% on the previous year and down 15.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Colombia peaked at 52.0% in 2020 and was at its lowest, 17.5%, in 1973.
That places Colombia 89th out of 187 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Domestic credit to private sector by banks in Colombia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 20.5% | — |
| 1961 | 21.8% | +5.9% |
| 1962 | 22.5% | +3.2% |
| 1963 | 21.4% | -4.7% |
| 1964 | 19.1% | -11.0% |
| 1965 | 19.1% | +0.2% |
| 1966 | 18.8% | -1.6% |
| 1967 | 19.6% | +4.1% |
| 1968 | 21.4% | +9.6% |
| 1969 | 22.7% | +6.1% |
| 1970 | 22.8% | +0.3% |
| 1971 | 21.9% | -3.8% |
| 1972 | 19.9% | -9.2% |
| 1973 | 17.5% | -11.9% |
| 1974 | 28.9% | +64.9% |
| 1975 | 29.0% | +0.1% |
| 1976 | 28.0% | -3.2% |
| 1977 | 26.9% | -4.2% |
| 1978 | 27.3% | +1.7% |
| 1979 | 26.7% | -2.4% |
| 1980 | 30.1% | +13.0% |
| 1981 | 32.4% | +7.6% |
| 1982 | 33.8% | +4.1% |
| 1983 | 36.3% | +7.4% |
| 1984 | 37.0% | +2.0% |
| 1985 | 34.8% | -6.0% |
| 1987 | 25.0% | -28.0% |
| 1988 | 22.7% | -9.4% |
| 1990 | 25.9% | +14.3% |
| 1991 | 23.4% | -9.6% |
| 1992 | 25.2% | +7.9% |
| 1993 | 28.7% | +13.6% |
| 1994 | 31.0% | +8.2% |
| 1995 | 33.6% | +8.3% |
| 1996 | 35.2% | +4.9% |
| 1997 | 36.4% | +3.3% |
| 1998 | 34.8% | -4.2% |
| 1999 | 31.3% | -10.2% |
| 2000 | 20.8% | -33.7% |
| 2001 | 21.8% | +5.1% |
| 2002 | 21.4% | -1.7% |
| 2003 | 21.0% | -2.0% |
| 2004 | 22.1% | +5.5% |
| 2005 | 22.7% | +2.5% |
| 2006 | 27.3% | +20.2% |
| 2007 | 30.5% | +11.9% |
| 2008 | 31.3% | +2.6% |
| 2009 | 30.0% | -4.1% |
| 2010 | 32.3% | +7.6% |
| 2011 | 34.9% | +8.1% |
| 2012 | 37.7% | +8.0% |
| 2013 | 39.5% | +4.6% |
| 2014 | 42.4% | +7.4% |
| 2015 | 46.9% | +10.7% |
| 2016 | 47.0% | +0.3% |
| 2017 | 49.8% | +5.9% |
| 2018 | 45.9% | -7.9% |
| 2019 | 46.0% | +0.4% |
| 2020 | 52.0% | +12.9% |
| 2021 | 47.9% | -7.9% |
| 2022 | 44.2% | -7.8% |
| 2023 | 41.6% | -5.9% |
| 2024 | 39.4% | -5.3% |
| 2025 | 39.8% | +1.2% |
Colombia compared with similar countries
- Colombia's 39.8% is above the median for upper middle income countries, which is 39.8%, 1.0× the median. (55 countries reporting)
- Colombia's 39.8% is below the median for Latin America & Caribbean, which is 42.9%, 93% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Colombia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +64.9% | 17.5% | 28.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 18.8% | 22.7% | 10 |
| 1970s | 24.9% | 17.5% | 29.0% | 10 |
| 1980s | 31.5% | 22.7% | 37.0% | 8 |
| 1990s | 30.5% | 23.4% | 36.4% | 10 |
| 2000s | 24.9% | 20.8% | 31.3% | 10 |
| 2010s | 42.2% | 32.3% | 49.8% | 10 |
| 2020s | 44.1% | 39.4% | 52.0% | 6 |
Countries ranked near Colombia
More financial sector data for Colombia
- 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 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.68 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 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.26 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 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.68 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 Colombia?
- Domestic credit to private sector by banks in Colombia was 39.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Colombia?
- The highest recorded value was 52.0% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Colombia?
- The lowest recorded value was 17.5% in 1973.
- How does Colombia rank for domestic credit to private sector by banks?
- Colombia ranks 89th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Colombia?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is rising.
- Where does this Colombia 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 — 64 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.