Domestic credit to private sector by banks in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Domestic credit to private sector by banks was 48.5% in 2021. ◆ Volatile
Domestic credit to private sector by banks in Europe & Central Asia (IDA & IBRD countries), 1960–2021
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Europe & Central Asia (IDA & IBRD countries) recorded 48.5% for domestic credit to private sector by banks in 2021.
That represents a change of down 7.3% on the previous year and up 11.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Europe & Central Asia (IDA & IBRD countries) peaked at 52.3% in 2020 and was at its lowest, 12.7%, in 1961.
Europe & Central Asia (IDA & IBRD countries) ranks 22nd of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 17.7% | — |
| 1961 | 12.7% | -27.9% |
| 1962 | 14.1% | +10.9% |
| 1963 | 14.1% | -0.4% |
| 1964 | 14.7% | +4.6% |
| 1965 | 16.2% | +10.3% |
| 1966 | 17.0% | +4.9% |
| 1967 | 17.7% | +3.9% |
| 1968 | 18.6% | +5.3% |
| 1969 | 20.1% | +8.1% |
| 1970 | 20.6% | +2.6% |
| 1971 | 18.9% | -8.5% |
| 1972 | 20.3% | +7.7% |
| 1973 | 20.9% | +3.0% |
| 1974 | 19.7% | -6.1% |
| 1975 | 21.4% | +8.8% |
| 1976 | 22.2% | +3.8% |
| 1977 | 22.0% | -1.1% |
| 1978 | 17.5% | -20.5% |
| 1979 | 14.7% | -15.8% |
| 1980 | 13.6% | -7.5% |
| 1981 | 16.6% | +22.5% |
| 1982 | 18.5% | +11.0% |
| 1983 | 20.8% | +12.3% |
| 1984 | 17.8% | -14.0% |
| 1985 | 17.4% | -2.4% |
| 1986 | 19.7% | +12.8% |
| 1998 | 16.9% | -14.1% |
| 1999 | 17.6% | +4.5% |
| 2001 | 17.1% | -3.1% |
| 2002 | 15.2% | -11.0% |
| 2003 | 17.3% | +13.8% |
| 2004 | 21.9% | +26.5% |
| 2005 | 24.9% | +13.7% |
| 2006 | 30.0% | +20.3% |
| 2007 | 36.5% | +21.7% |
| 2008 | 41.1% | +12.8% |
| 2009 | 43.4% | +5.5% |
| 2010 | 43.5% | +0.2% |
| 2011 | 43.5% | +0.1% |
| 2012 | 44.9% | +3.1% |
| 2013 | 48.0% | +6.8% |
| 2014 | 51.4% | +7.3% |
| 2015 | 52.0% | +1.1% |
| 2016 | 51.3% | -1.2% |
| 2017 | 50.1% | -2.5% |
| 2018 | 48.3% | -3.6% |
| 2019 | 47.8% | -1.0% |
| 2020 | 52.3% | +9.4% |
| 2021 | 48.5% | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.3% | 12.7% | 20.1% | 10 |
| 1970s | 19.8% | 14.7% | 22.2% | 10 |
| 1980s | 17.8% | 13.6% | 20.8% | 7 |
| 1990s | 17.3% | 16.9% | 17.6% | 2 |
| 2000s | 27.5% | 15.2% | 43.4% | 9 |
| 2010s | 48.1% | 43.5% | 52.0% | 10 |
| 2020s | 50.4% | 48.5% | 52.3% | 2 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
More financial sector data for Europe & Central Asia (IDA & IBRD countries)
- Net migration 674,285 (2025)
- Total reserves in months of imports 5.95 (2025)
- Broad money 64.3% (2020)
- Claims on central government, etc. 4.7% (2021)
- Domestic credit to private sector 50.2% (2021)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate -44.03 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Monetary Sector credit to private sector 48.5% (2021)
- Net migration, annual growth rate 133.16 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Europe & Central Asia (IDA & IBRD countries)?
- Domestic credit to private sector by banks in Europe & Central Asia (IDA & IBRD countries) was 48.5% 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 Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 52.3% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 12.7% in 1961.
- How does Europe & Central Asia (IDA & IBRD countries) rank for domestic credit to private sector by banks?
- Europe & Central Asia (IDA & IBRD countries) ranks 22nd out of 47 groups with data for 2021.
- Is domestic credit to private sector by banks rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) 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.
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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.