Domestic credit to private sector by banks in Late-demographic dividend
Late-demographic dividend: Domestic credit to private sector by banks was 153.4% in 2024. ▲ Rising
Domestic credit to private sector by banks in Late-demographic dividend, 1978–2024
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 Late-demographic dividend is 153.4%, measured in 2024. That is the highest value across all 40 years on record.
The figure is up 1.7% on the previous year and up 48.5% over ten years.
Over the whole period, domestic credit to private sector by banks in Late-demographic dividend peaked at 153.4% in 2024 and was at its lowest, 31.0%, in 1980.
That places Late-demographic dividend 4th out of 47 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Domestic credit to private sector by banks in Late-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1978 | 34.2% | — |
| 1980 | 31.0% | -9.2% |
| 1981 | 35.2% | +13.3% |
| 1982 | 39.1% | +11.2% |
| 1985 | 51.6% | +31.9% |
| 1986 | 49.2% | -4.6% |
| 1987 | 46.6% | -5.4% |
| 1992 | 68.5% | +47.0% |
| 1993 | 84.7% | +23.7% |
| 1994 | 67.2% | -20.6% |
| 1995 | 61.1% | -9.0% |
| 1996 | 63.2% | +3.4% |
| 1997 | 67.0% | +6.1% |
| 1998 | 65.4% | -2.5% |
| 1999 | 71.6% | +9.5% |
| 2000 | 71.0% | -0.8% |
| 2001 | 67.5% | -5.0% |
| 2002 | 71.6% | +6.2% |
| 2003 | 75.0% | +4.7% |
| 2004 | 73.1% | -2.6% |
| 2005 | 70.4% | -3.6% |
| 2006 | 70.9% | +0.7% |
| 2007 | 73.0% | +2.9% |
| 2008 | 73.5% | +0.8% |
| 2009 | 88.6% | +20.5% |
| 2010 | 88.0% | -0.7% |
| 2011 | 86.9% | -1.2% |
| 2012 | 92.1% | +6.0% |
| 2013 | 97.1% | +5.4% |
| 2014 | 103.3% | +6.4% |
| 2015 | 116.8% | +13.1% |
| 2016 | 119.4% | +2.3% |
| 2017 | 117.1% | -1.9% |
| 2018 | 120.4% | +2.8% |
| 2019 | 126.0% | +4.6% |
| 2020 | 142.3% | +13.0% |
| 2021 | 138.3% | -2.8% |
| 2022 | 147.3% | +6.5% |
| 2023 | 150.8% | +2.4% |
| 2024 | 153.4% | +1.7% |
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Late-demographic dividend 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 |
|---|---|---|---|
| 1992 | +47.0% | 46.6% | 68.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.2% | 34.2% | 34.2% | 1 |
| 1980s | 42.1% | 31.0% | 51.6% | 6 |
| 1990s | 68.6% | 61.1% | 84.7% | 8 |
| 2000s | 73.5% | 67.5% | 88.6% | 10 |
| 2010s | 106.7% | 86.9% | 126.0% | 10 |
| 2020s | 146.4% | 138.3% | 153.4% | 5 |
Countries ranked near Late-demographic dividend
- 1 Hong Kong 222.6% compare
- 2 China 194.3% compare
- 3 Switzerland 167.8% compare
- 4 South Korea 160.3% compare
- 5 Denmark 144.1% compare
- 6 Australia 133.8% compare
- 7 New Zealand 129.7% compare
More financial sector data for Late-demographic dividend
- Net migration -663,581 (2025)
- Total reserves in months of imports 10.53 (2025)
- Broad money 189.7% (2024)
- Claims on central government, etc. 39.1% (2024)
- Domestic credit to private sector 156.4% (2024)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 4.85 % 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 154.3% (2024)
- Net migration, annual growth rate -123.67 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Late-demographic dividend?
- Domestic credit to private sector by banks in Late-demographic dividend was 153.4% 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 Late-demographic dividend?
- The highest recorded value was 153.4% in 2024.
- What is the lowest domestic credit to private sector by banks recorded in Late-demographic dividend?
- The lowest recorded value was 31.0% in 1980.
- How does Late-demographic dividend rank for domestic credit to private sector by banks?
- Late-demographic dividend ranks 4th out of 47 groups with data for 2024.
- Is domestic credit to private sector by banks rising or falling in Late-demographic dividend?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is rising.
- Where does this Late-demographic dividend 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 — 40 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.