Domestic credit to private sector by banks in IDA blend
IDA blend: Domestic credit to private sector by banks was 19.0% in 2024. ▲ Rising
Domestic credit to private sector by banks in IDA blend, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
IDA blend recorded 19.0% for domestic credit to private sector by banks in 2024.
Compared with earlier readings it is up 11.7% on the previous year and up 25.6% over ten years.
Over the whole period, domestic credit to private sector by banks in IDA blend peaked at 20.2% in 2008 and was at its lowest, 8.2%, in 1960.
That places IDA blend 44th out of 47 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Domestic credit to private sector by banks in IDA blend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 8.2% | — |
| 1961 | 8.9% | +7.9% |
| 1962 | 10.4% | +17.3% |
| 1963 | 12.0% | +14.9% |
| 1964 | 14.1% | +17.5% |
| 1965 | 14.5% | +3.4% |
| 1966 | 16.1% | +10.6% |
| 1967 | 17.6% | +9.2% |
| 1968 | 17.1% | -2.7% |
| 1969 | 16.2% | -5.1% |
| 1970 | 14.0% | -14.0% |
| 1971 | 16.2% | +16.0% |
| 1972 | 16.2% | +0.1% |
| 1973 | 14.4% | -11.4% |
| 1974 | 11.8% | -17.7% |
| 1975 | 13.2% | +11.4% |
| 1976 | 13.7% | +4.4% |
| 1977 | 16.1% | +17.5% |
| 1978 | 17.9% | +11.2% |
| 1979 | 18.0% | +0.1% |
| 1980 | 18.3% | +2.0% |
| 1981 | 10.9% | -40.6% |
| 1982 | 12.0% | +9.8% |
| 1983 | 13.5% | +13.4% |
| 1984 | 14.5% | +6.7% |
| 1985 | 15.1% | +4.7% |
| 1986 | 18.5% | +22.4% |
| 1987 | 18.6% | +0.7% |
| 1988 | 18.7% | +0.0% |
| 1989 | 18.7% | +0.3% |
| 1990 | 17.1% | -8.6% |
| 1991 | 16.6% | -2.8% |
| 1992 | 17.7% | +6.4% |
| 1993 | 16.3% | -7.7% |
| 1994 | 15.2% | -7.1% |
| 1995 | 13.3% | -12.4% |
| 1996 | 11.9% | -10.1% |
| 1997 | 12.5% | +4.4% |
| 1998 | 12.5% | +0.5% |
| 1999 | 16.8% | +34.3% |
| 2000 | 14.2% | -15.8% |
| 2001 | 14.5% | +2.5% |
| 2002 | 14.9% | +2.4% |
| 2003 | 15.0% | +1.0% |
| 2004 | 15.2% | +1.3% |
| 2005 | 14.9% | -2.3% |
| 2006 | 14.6% | -1.9% |
| 2007 | 17.4% | +19.1% |
| 2008 | 20.2% | +16.6% |
| 2009 | 19.4% | -4.1% |
| 2010 | 16.3% | -16.2% |
| 2011 | 14.7% | -9.7% |
| 2012 | 14.1% | -4.3% |
| 2013 | 14.0% | -0.5% |
| 2014 | 15.2% | +8.4% |
| 2015 | 15.4% | +1.7% |
| 2016 | 16.6% | +7.6% |
| 2017 | 16.0% | -3.8% |
| 2018 | 15.6% | -2.3% |
| 2019 | 13.3% | -14.6% |
| 2020 | 14.4% | +8.1% |
| 2021 | 14.9% | +3.4% |
| 2022 | 15.1% | +1.5% |
| 2023 | 17.0% | +12.7% |
| 2024 | 19.0% | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.5% | 8.2% | 17.6% | 10 |
| 1970s | 15.1% | 11.8% | 18.0% | 10 |
| 1980s | 15.9% | 10.9% | 18.7% | 10 |
| 1990s | 15.0% | 11.9% | 17.7% | 10 |
| 2000s | 16.0% | 14.2% | 20.2% | 10 |
| 2010s | 15.1% | 13.3% | 16.6% | 10 |
| 2020s | 16.1% | 14.4% | 19.0% | 5 |
Countries ranked near IDA blend
- 41 United Arab Emirates 68.0% compare
- 42 Panama 66.8% compare
- 43 Belgium 66.8% compare
- 44 Georgia 65.9% compare
- 45 Saint Kitts and Nevis 65.0% compare
- 46 Saudi Arabia 64.3% compare
- 47 Oman 63.2% compare
More financial sector data for IDA blend
- Net migration -1.36 million (2025)
- Total reserves in months of imports 5.83 (2025)
- Broad money 33.4% (2024)
- Claims on central government, etc. 14.8% (2022)
- Domestic credit to private sector 15.3% (2022)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate -16.74 % 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 15.3% (2022)
- Net migration, annual growth rate 12.08 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in IDA blend?
- Domestic credit to private sector by banks in IDA blend was 19.0% 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 blend?
- The highest recorded value was 20.2% in 2008.
- What is the lowest domestic credit to private sector by banks recorded in IDA blend?
- The lowest recorded value was 8.2% in 1960.
- How does IDA blend rank for domestic credit to private sector by banks?
- IDA blend ranks 44th out of 47 groups with data for 2024.
- Is domestic credit to private sector by banks rising or falling in IDA blend?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is rising.
- Where does this IDA blend 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.