Domestic credit to private sector by banks in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Domestic credit to private sector by banks was 47.3% in 2025. ▲ Rising
Domestic credit to private sector by banks in Latin America & Caribbean (excluding high income), 1960–2025
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 Latin America & Caribbean (excluding high income) is 47.3%, measured in 2025.
The figure is up 1.5% on the previous year and up 11.6% over ten years.
Over the whole period, domestic credit to private sector by banks in Latin America & Caribbean (excluding high income) peaked at 73.6% in 1989 and was at its lowest, 13.6%, in 1964.
That places Latin America & Caribbean (excluding high income) 25th out of 47 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Domestic credit to private sector by banks in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 14.1% | — |
| 1961 | 14.3% | +1.7% |
| 1962 | 14.4% | +0.6% |
| 1963 | 13.7% | -4.9% |
| 1964 | 13.6% | -0.9% |
| 1965 | 13.7% | +1.0% |
| 1966 | 13.7% | -0.3% |
| 1967 | 15.1% | +10.2% |
| 1968 | 16.6% | +9.7% |
| 1969 | 20.0% | +20.8% |
| 1970 | 22.0% | +10.2% |
| 1971 | 24.1% | +9.5% |
| 1972 | 25.6% | +6.0% |
| 1973 | 25.0% | -2.1% |
| 1974 | 25.7% | +2.6% |
| 1975 | 28.3% | +10.0% |
| 1976 | 30.0% | +6.3% |
| 1977 | 27.9% | -7.0% |
| 1978 | 27.7% | -0.9% |
| 1979 | 28.3% | +2.1% |
| 1980 | 24.8% | -12.3% |
| 1981 | 26.7% | +7.6% |
| 1982 | 28.3% | +6.2% |
| 1983 | 28.5% | +0.5% |
| 1984 | 27.5% | -3.5% |
| 1985 | 24.5% | -10.7% |
| 1986 | 16.7% | -31.9% |
| 1987 | 16.6% | -0.7% |
| 1988 | 52.0% | +213.6% |
| 1989 | 73.6% | +41.6% |
| 1990 | 27.1% | -63.1% |
| 1991 | 26.6% | -2.1% |
| 1992 | 39.8% | +49.8% |
| 1993 | 51.6% | +29.7% |
| 1994 | 38.2% | -25.9% |
| 1995 | 31.0% | -19.0% |
| 1996 | 28.7% | -7.2% |
| 1997 | 30.0% | +4.2% |
| 1998 | 24.7% | -17.6% |
| 1999 | 22.9% | -7.4% |
| 2000 | 21.8% | -4.5% |
| 2001 | 19.2% | -12.0% |
| 2002 | 19.3% | +0.2% |
| 2003 | 18.7% | -2.8% |
| 2004 | 19.1% | +1.8% |
| 2005 | 21.1% | +10.5% |
| 2006 | 24.2% | +14.8% |
| 2007 | 28.0% | +15.9% |
| 2008 | 30.2% | +7.8% |
| 2009 | 32.1% | +6.3% |
| 2010 | 35.1% | +9.2% |
| 2011 | 38.9% | +10.9% |
| 2012 | 40.8% | +4.7% |
| 2013 | 42.6% | +4.5% |
| 2014 | 43.5% | +2.0% |
| 2015 | 42.4% | -2.5% |
| 2016 | 42.1% | -0.6% |
| 2017 | 42.0% | -0.2% |
| 2018 | 42.2% | +0.3% |
| 2019 | 43.7% | +3.7% |
| 2020 | 46.8% | +7.0% |
| 2021 | 44.6% | -4.5% |
| 2022 | 44.8% | +0.3% |
| 2023 | 44.6% | -0.4% |
| 2024 | 46.6% | +4.3% |
| 2025 | 47.3% | +1.5% |
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Latin America & Caribbean (excluding high income) 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 | +213.6% | 16.6% | 52.0% |
| 1990 | -63.1% | 73.6% | 27.1% |
| 1992 | +49.8% | 26.6% | 39.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 14.9% | 13.6% | 20.0% | 10 |
| 1970s | 26.5% | 22.0% | 30.0% | 10 |
| 1980s | 31.9% | 16.6% | 73.6% | 10 |
| 1990s | 32.0% | 22.9% | 51.6% | 10 |
| 2000s | 23.4% | 18.7% | 32.1% | 10 |
| 2010s | 41.3% | 35.1% | 43.7% | 10 |
| 2020s | 45.8% | 44.6% | 47.3% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
More financial sector data for Latin America & Caribbean (excluding high income)
- Net migration -462,147 (2025)
- Total reserves in months of imports 6.7 (2025)
- Monetary Sector credit to private sector 47.3% (2025)
- Broad money 73.6% (2025)
- Claims on central government, etc. 35.1% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.67 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Domestic credit to private sector 50.1% (2025)
- Net migration, annual growth rate -2.22 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is domestic credit to private sector by banks in Latin America & Caribbean (excluding high income)?
- Domestic credit to private sector by banks in Latin America & Caribbean (excluding high income) was 47.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 73.6% in 1989.
- What is the lowest domestic credit to private sector by banks recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 13.6% in 1964.
- How does Latin America & Caribbean (excluding high income) rank for domestic credit to private sector by banks?
- Latin America & Caribbean (excluding high income) ranks 25th out of 47 groups with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 11.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) 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 — 66 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.