Domestic credit to private sector by banks in Kyrgyzstan

Kyrgyzstan: Domestic credit to private sector by banks was 22.2% in 2024. ◆ Volatile

Latest (2024)
22.2%
Change on year
up 11.9%
World rank
136th
of 187 countries
All-time high
26.5%
in 2020
All-time low
3.4%
in 1997
Years of data
30
1995–2024

Domestic credit to private sector by banks in Kyrgyzstan, 1995–2024

5101520251995200920241995: 12.5 % of GDP1996: 8.7 % of GDP1997: 3.4 % of GDP1998: 5.3 % of GDP1999: 5 % of GDP2000: 4.1 % of GDP2001: 3.8 % of GDP2002: 4.1 % of GDP2003: 4.7 % of GDP2004: 7 % of GDP2005: 7.9 % of GDP2006: 10.5 % of GDP2007: 6.2 % of GDP2008: 13.6 % of GDP2009: 12.6 % of GDP2010: 12.5 % of GDP2011: 11.3 % of GDP2012: 13.2 % of GDP2013: 15.5 % of GDP2014: 19.9 % of GDP2015: 22.7 % of GDP2016: 20.5 % of GDP2017: 21.3 % of GDP2018: 23.3 % of GDP2019: 23.1 % of GDP2020: 26.5 % of GDP2021: 24 % of GDP2022: 20.6 % of GDP2023: 19.8 % of GDP2024: 22.2 % of GDP

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 Kyrgyzstan is 22.2%, measured in 2024.

The figure is up 11.9% on the previous year and up 11.5% over ten years.

Over the whole period, domestic credit to private sector by banks in Kyrgyzstan peaked at 26.5% in 2020 and was at its lowest, 3.4%, in 1997.

That places Kyrgyzstan 136th out of 187 countries with data for 2024, putting it 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 Kyrgyzstan, year by year

Annual values for Domestic credit to private sector by banks (% of GDP) in Kyrgyzstan, 1995 to 2024.
Year % of GDP Change
1995 12.5%
1996 8.7% -30.9%
1997 3.4% -60.6%
1998 5.3% +54.6%
1999 5.0% -4.8%
2000 4.1% -18.4%
2001 3.8% -8.2%
2002 4.1% +9.3%
2003 4.7% +14.9%
2004 7.0% +48.8%
2005 7.9% +12.5%
2006 10.5% +32.9%
2007 6.2% -41.3%
2008 13.6% +121.2%
2009 12.6% -7.9%
2010 12.5% -0.4%
2011 11.3% -9.7%
2012 13.2% +16.7%
2013 15.5% +17.5%
2014 19.9% +28.3%
2015 22.7% +14.1%
2016 20.5% -9.8%
2017 21.3% +3.9%
2018 23.3% +9.3%
2019 23.1% -0.6%
2020 26.5% +14.5%
2021 24.0% -9.5%
2022 20.6% -13.9%
2023 19.8% -4.0%
2024 22.2% +11.9%

Kyrgyzstan compared with similar countries

  • Kyrgyzstan's 22.2% is below the median for lower middle income countries, which is 23.4%, 95% of the median. (46 countries reporting)
  • Kyrgyzstan's 22.2% is below the median for Europe & Central Asia, which is 52.1%, 43% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Domestic credit to private sector by banks in Kyrgyzstan 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.

YearChange FromTo
2008 +121.2% 6.2% 13.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 7.0% 3.4% 12.5% 5
2000s 7.5% 3.8% 13.6% 10
2010s 18.3% 11.3% 23.3% 10
2020s 22.6% 19.8% 26.5% 5

Countries ranked near Kyrgyzstan

  1. 133 Burkina Faso 22.7% compare
  2. 134 Cote d'Ivoire 22.7% compare
  3. 135 Mauritania 22.6% compare
  4. 137 Romania 22.1% compare
  5. 138 Rwanda 22.0% compare
  6. 139 Solomon Islands 21.5% compare

See the full ranking of 234 places →

More financial sector data for Kyrgyzstan

All data for Kyrgyzstan →

Frequently asked questions

What is domestic credit to private sector by banks in Kyrgyzstan?
Domestic credit to private sector by banks in Kyrgyzstan was 22.2% 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 Kyrgyzstan?
The highest recorded value was 26.5% in 2020.
What is the lowest domestic credit to private sector by banks recorded in Kyrgyzstan?
The lowest recorded value was 3.4% in 1997.
How does Kyrgyzstan rank for domestic credit to private sector by banks?
Kyrgyzstan ranks 136th out of 187 countries with data for 2024.
Is domestic credit to private sector by banks rising or falling in Kyrgyzstan?
Over the last ten years it is up 11.5%. The long-run trend across the full record is volatile.
Where does this Kyrgyzstan 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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Domestic credit to private sector by banks in Kyrgyzstan. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 18 September 2026, from https://financial-sector.statizoid.com/stat/domestic-credit-to-private-sector-by-banks-percent-of-gdp/kyrgyz-republic/

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About this data

Indicator
Domestic credit to private sector by banks (% of GDP)
Unit
% of GDP
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
234 places, 11,621 data points, 1960–2025
Last refreshed

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.