Domestic credit to private sector by banks in Iran, Islamic Republic of
Iran, Islamic Republic of: Domestic credit to private sector by banks was 57.8% in 2016. ▲ Rising
Domestic credit to private sector by banks in Iran, Islamic Republic of, 1961–2016
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 Iran, Islamic Republic of is 57.8%, measured in 2016. That is the highest value across all 55 years on record.
The figure is up 2.6% on the previous year and up 29.1% over ten years.
Over the whole period, domestic credit to private sector by banks in Iran, Islamic Republic of peaked at 57.8% in 2016 and was at its lowest, 13.0%, in 1962.
That places Iran, Islamic Republic of 57th out of 187 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Domestic credit to private sector by banks in Iran, Islamic Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 14.2% | — |
| 1962 | 13.0% | -8.7% |
| 1963 | 14.8% | +14.3% |
| 1964 | 16.5% | +11.0% |
| 1965 | 16.0% | -3.0% |
| 1966 | 17.2% | +7.8% |
| 1967 | 17.8% | +3.6% |
| 1968 | 19.0% | +6.6% |
| 1969 | 19.3% | +1.8% |
| 1970 | 21.0% | +8.4% |
| 1971 | 19.7% | -6.2% |
| 1972 | 20.5% | +4.0% |
| 1973 | 19.8% | -3.3% |
| 1974 | 15.4% | -22.4% |
| 1975 | 20.9% | +36.1% |
| 1976 | 21.7% | +3.7% |
| 1977 | 21.5% | -0.9% |
| 1979 | 25.7% | +19.8% |
| 1980 | 29.7% | +15.4% |
| 1981 | 26.2% | -11.9% |
| 1982 | 20.7% | -21.0% |
| 1983 | 19.8% | -4.1% |
| 1984 | 18.3% | -7.6% |
| 1985 | 19.3% | +5.2% |
| 1986 | 22.8% | +18.3% |
| 1987 | 21.5% | -5.4% |
| 1988 | 21.3% | -1.0% |
| 1989 | 22.7% | +6.5% |
| 1990 | 23.0% | +1.2% |
| 1991 | 22.4% | -2.4% |
| 1992 | 23.2% | +3.4% |
| 1993 | 20.9% | -10.1% |
| 1994 | 19.7% | -5.5% |
| 1995 | 16.7% | -15.3% |
| 1996 | 15.2% | -9.1% |
| 1997 | 16.6% | +9.4% |
| 1998 | 18.0% | +8.5% |
| 1999 | 18.0% | +0.1% |
| 2000 | 26.2% | +45.5% |
| 2001 | 30.1% | +14.6% |
| 2002 | 29.1% | -3.3% |
| 2003 | 32.4% | +11.5% |
| 2004 | 35.1% | +8.1% |
| 2005 | 38.3% | +9.3% |
| 2006 | 44.8% | +16.8% |
| 2007 | 47.0% | +5.0% |
| 2008 | 45.3% | -3.7% |
| 2009 | 49.2% | +8.6% |
| 2010 | 52.0% | +5.7% |
| 2011 | 49.2% | -5.3% |
| 2012 | 49.6% | +0.8% |
| 2013 | 44.6% | -10.1% |
| 2014 | 49.0% | +9.8% |
| 2015 | 56.4% | +15.1% |
| 2016 | 57.8% | +2.6% |
Iran, Islamic Republic of compared with similar countries
- Iran, Islamic Republic of's 57.8% is above the median for upper middle income countries, which is 39.8%, 1.5× the median. (55 countries reporting)
- Iran, Islamic Republic of's 57.8% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 56.4%, 1.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.4% | 13.0% | 19.3% | 9 |
| 1970s | 20.7% | 15.4% | 25.7% | 9 |
| 1980s | 22.2% | 18.3% | 29.7% | 10 |
| 1990s | 19.4% | 15.2% | 23.2% | 10 |
| 2000s | 37.8% | 26.2% | 49.2% | 10 |
| 2010s | 51.2% | 44.6% | 57.8% | 7 |
Countries ranked near Iran, Islamic Republic of
More financial sector data for Iran, Islamic Republic of
- 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 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.67 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.6 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 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.67 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 Iran, Islamic Republic of?
- Domestic credit to private sector by banks in Iran, Islamic Republic of was 57.8% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Iran, Islamic Republic of?
- The highest recorded value was 57.8% in 2016.
- What is the lowest domestic credit to private sector by banks recorded in Iran, Islamic Republic of?
- The lowest recorded value was 13.0% in 1962.
- How does Iran, Islamic Republic of rank for domestic credit to private sector by banks?
- Iran, Islamic Republic of ranks 57th out of 187 countries with data for 2016.
- Is domestic credit to private sector by banks rising or falling in Iran, Islamic Republic of?
- Over the last ten years it is up 29.1%. The long-run trend across the full record is rising.
- Where does this Iran, Islamic Republic of 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.