Domestic credit to private sector by banks in East Asia & Pacific
East Asia & Pacific: Domestic credit to private sector by banks was 164.6% in 2024. ▲ Rising
Domestic credit to private sector by banks in East Asia & Pacific, 1962–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
East Asia & Pacific recorded 164.6% for domestic credit to private sector by banks in 2024. That is the highest value across all 62 years on record.
That represents a change of up 1.9% on the previous year and up 36.1% over ten years.
Over the whole period, domestic credit to private sector by banks in East Asia & Pacific peaked at 164.6% in 2024 and was at its lowest, 48.3%, in 1962.
East Asia & Pacific ranks 3rd of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 62 years of available data.
Domestic credit to private sector by banks in East Asia & Pacific, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1962 | 48.3% | — |
| 1963 | 52.8% | +9.3% |
| 1964 | 52.5% | -0.4% |
| 1966 | 56.9% | +8.3% |
| 1967 | 57.6% | +1.2% |
| 1968 | 57.0% | -1.0% |
| 1969 | 57.7% | +1.1% |
| 1970 | 77.2% | +33.8% |
| 1971 | 85.2% | +10.3% |
| 1972 | 94.4% | +10.8% |
| 1973 | 95.0% | +0.7% |
| 1974 | 88.4% | -7.0% |
| 1975 | 90.8% | +2.7% |
| 1976 | 91.2% | +0.5% |
| 1977 | 91.3% | +0.1% |
| 1978 | 93.9% | +2.9% |
| 1979 | 93.5% | -0.4% |
| 1980 | 90.1% | -3.6% |
| 1981 | 91.7% | +1.7% |
| 1982 | 92.9% | +1.3% |
| 1983 | 98.9% | +6.4% |
| 1984 | 100.9% | +2.1% |
| 1985 | 100.4% | -0.6% |
| 1986 | 112.1% | +11.7% |
| 1987 | 124.4% | +11.0% |
| 1988 | 129.9% | +4.4% |
| 1989 | 132.7% | +2.1% |
| 1990 | 135.2% | +1.9% |
| 1991 | 135.0% | -0.1% |
| 1992 | 137.6% | +1.9% |
| 1993 | 141.3% | +2.7% |
| 1994 | 141.6% | +0.2% |
| 1995 | 140.0% | -1.2% |
| 1996 | 136.1% | -2.8% |
| 1997 | 143.0% | +5.1% |
| 1998 | 151.0% | +5.6% |
| 1999 | 150.9% | -0.1% |
| 2000 | 146.1% | -3.2% |
| 2001 | 101.9% | -30.2% |
| 2002 | 99.7% | -2.2% |
| 2003 | 99.5% | -0.3% |
| 2004 | 96.8% | -2.7% |
| 2005 | 98.3% | +1.6% |
| 2006 | 99.2% | +0.8% |
| 2007 | 99.6% | +0.5% |
| 2008 | 99.5% | -0.1% |
| 2009 | 108.9% | +9.5% |
| 2010 | 107.9% | -1.0% |
| 2011 | 107.5% | -0.3% |
| 2012 | 110.9% | +3.2% |
| 2013 | 116.5% | +5.0% |
| 2014 | 120.9% | +3.8% |
| 2015 | 128.5% | +6.3% |
| 2016 | 130.4% | +1.5% |
| 2017 | 131.1% | +0.5% |
| 2018 | 133.9% | +2.1% |
| 2019 | 139.0% | +3.8% |
| 2020 | 153.3% | +10.3% |
| 2021 | 152.4% | -0.6% |
| 2022 | 157.4% | +3.2% |
| 2023 | 161.5% | +2.6% |
| 2024 | 164.6% | +1.9% |
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in East Asia & Pacific 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 |
|---|---|---|---|
| 1970 | +33.8% | 57.7% | 77.2% |
| 2001 | -30.2% | 146.1% | 101.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 54.7% | 48.3% | 57.7% | 7 |
| 1970s | 90.1% | 77.2% | 95.0% | 10 |
| 1980s | 107.4% | 90.1% | 132.7% | 10 |
| 1990s | 141.2% | 135.0% | 151.0% | 10 |
| 2000s | 105.0% | 96.8% | 146.1% | 10 |
| 2010s | 122.7% | 107.5% | 139.0% | 10 |
| 2020s | 157.8% | 152.4% | 164.6% | 5 |
Countries ranked near East Asia & Pacific
More financial sector data for East Asia & Pacific
- Net migration -37,630 (2025)
- Broad money 211.5% (2024)
- Monetary Sector credit to private sector 164.7% (2024)
- Total reserves in months of imports 11.35 (2025)
- Claims on central government, etc. 49.5% (2024)
- Domestic credit to private sector 175.4% (2024)
- Net migration, annual growth rate 67.84 % change on previous year (2025)
- Total reserves in months of imports, annual growth rate 7.06 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in East Asia & Pacific?
- Domestic credit to private sector by banks in East Asia & Pacific was 164.6% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in East Asia & Pacific?
- The highest recorded value was 164.6% in 2024.
- What is the lowest domestic credit to private sector by banks recorded in East Asia & Pacific?
- The lowest recorded value was 48.3% in 1962.
- How does East Asia & Pacific rank for domestic credit to private sector by banks?
- East Asia & Pacific ranks 3rd out of 47 groups with data for 2024.
- Is domestic credit to private sector by banks rising or falling in East Asia & Pacific?
- Over the last ten years it is up 36.1%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific 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 — 62 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.