Domestic credit to private sector by banks in IDA & IBRD total
IDA & IBRD total: Domestic credit to private sector by banks was 115.1% in 2024. ◆ Volatile
Domestic credit to private sector by banks in IDA & IBRD total, 1961–2024
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 IDA & IBRD total is 115.1%, measured in 2024. That is the highest value across all 64 years on record.
That represents a change of up 2.3% on the previous year and up 44.9% over ten years.
Over the whole period, domestic credit to private sector by banks in IDA & IBRD total peaked at 115.1% in 2024 and was at its lowest, 11.8%, in 1963.
That places IDA & IBRD total 9th out of 47 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in IDA & IBRD total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 11.9% | — |
| 1962 | 12.2% | +2.6% |
| 1963 | 11.8% | -3.5% |
| 1964 | 11.9% | +1.2% |
| 1965 | 13.5% | +13.7% |
| 1966 | 13.9% | +2.8% |
| 1967 | 14.7% | +5.7% |
| 1968 | 15.7% | +6.6% |
| 1969 | 17.3% | +10.5% |
| 1970 | 18.4% | +6.5% |
| 1971 | 19.7% | +7.1% |
| 1972 | 20.9% | +5.7% |
| 1973 | 21.0% | +0.5% |
| 1974 | 20.6% | -1.8% |
| 1975 | 23.0% | +11.9% |
| 1976 | 24.4% | +5.8% |
| 1977 | 24.1% | -1.0% |
| 1978 | 24.9% | +3.2% |
| 1979 | 25.3% | +1.5% |
| 1980 | 23.7% | -6.2% |
| 1981 | 24.4% | +3.0% |
| 1982 | 25.8% | +5.5% |
| 1983 | 27.0% | +5.0% |
| 1984 | 27.2% | +0.7% |
| 1985 | 31.7% | +16.2% |
| 1986 | 31.7% | +0.1% |
| 1987 | 31.5% | -0.6% |
| 1988 | 42.9% | +36.2% |
| 1989 | 51.3% | +19.5% |
| 1990 | 36.3% | -29.2% |
| 1991 | 35.4% | -2.3% |
| 1992 | 41.0% | +15.7% |
| 1993 | 47.5% | +15.8% |
| 1994 | 43.4% | -8.5% |
| 1995 | 41.5% | -4.5% |
| 1996 | 42.8% | +3.3% |
| 1997 | 45.4% | +6.0% |
| 1998 | 43.6% | -3.9% |
| 1999 | 45.8% | +5.1% |
| 2000 | 45.4% | -0.8% |
| 2001 | 44.4% | -2.2% |
| 2002 | 47.3% | +6.4% |
| 2003 | 49.4% | +4.6% |
| 2004 | 48.7% | -1.4% |
| 2005 | 47.9% | -1.6% |
| 2006 | 49.5% | +3.3% |
| 2007 | 52.2% | +5.5% |
| 2008 | 53.9% | +3.3% |
| 2009 | 63.8% | +18.4% |
| 2010 | 64.7% | +1.3% |
| 2011 | 65.9% | +1.8% |
| 2012 | 70.1% | +6.3% |
| 2013 | 74.5% | +6.3% |
| 2014 | 79.4% | +6.6% |
| 2015 | 88.6% | +11.6% |
| 2016 | 89.8% | +1.3% |
| 2017 | 89.4% | -0.5% |
| 2018 | 93.1% | +4.1% |
| 2019 | 96.1% | +3.2% |
| 2020 | 109.5% | +14.0% |
| 2021 | 107.5% | -1.8% |
| 2022 | 111.0% | +3.2% |
| 2023 | 112.5% | +1.3% |
| 2024 | 115.1% | +2.3% |
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in IDA & IBRD total 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 |
|---|---|---|---|
| 1988 | +36.2% | 31.5% | 42.9% |
| 1990 | -29.2% | 51.3% | 36.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.6% | 11.8% | 17.3% | 9 |
| 1970s | 22.2% | 18.4% | 25.3% | 10 |
| 1980s | 31.7% | 23.7% | 51.3% | 10 |
| 1990s | 42.3% | 35.4% | 47.5% | 10 |
| 2000s | 50.3% | 44.4% | 63.8% | 10 |
| 2010s | 81.1% | 64.7% | 96.1% | 10 |
| 2020s | 111.1% | 107.5% | 115.1% | 5 |
Countries ranked near IDA & IBRD total
More financial sector data for IDA & IBRD total
- Net migration -2.90 million (2025)
- Total reserves in months of imports 9.6 (2025)
- Broad money 153.5% (2024)
- Claims on central government, etc. 33.7% (2024)
- Domestic credit to private sector 117.5% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 2.1 % 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 115.6% (2024)
- Net migration, annual growth rate 20.59 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in IDA & IBRD total?
- Domestic credit to private sector by banks in IDA & IBRD total was 115.1% 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 IDA & IBRD total?
- The highest recorded value was 115.1% in 2024.
- What is the lowest domestic credit to private sector by banks recorded in IDA & IBRD total?
- The lowest recorded value was 11.8% in 1963.
- How does IDA & IBRD total rank for domestic credit to private sector by banks?
- IDA & IBRD total ranks 9th out of 47 groups with data for 2024.
- Is domestic credit to private sector by banks rising or falling in IDA & IBRD total?
- Over the last ten years it is up 44.9%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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.