Domestic credit to private sector by banks in Lower middle income
Lower middle income: Domestic credit to private sector by banks was 39.1% in 2025. ▲ Rising
Domestic credit to private sector by banks in Lower middle income, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Lower middle income stood at 39.1%. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 3.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Lower middle income peaked at 39.1% in 2025 and was at its lowest, 9.4%, in 1960.
Lower middle income ranks 30th of 47 groups on this measure, 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 Lower middle income, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 9.4% | — |
| 1961 | 9.6% | +2.7% |
| 1962 | 10.1% | +4.4% |
| 1963 | 10.3% | +2.0% |
| 1964 | 10.1% | -1.3% |
| 1965 | 10.6% | +4.9% |
| 1966 | 11.3% | +5.9% |
| 1967 | 11.3% | +0.4% |
| 1968 | 11.8% | +4.6% |
| 1969 | 12.1% | +2.1% |
| 1970 | 12.3% | +2.1% |
| 1971 | 13.5% | +9.5% |
| 1972 | 13.8% | +2.7% |
| 1973 | 13.7% | -1.0% |
| 1974 | 12.7% | -7.6% |
| 1975 | 14.7% | +16.3% |
| 1976 | 17.2% | +16.7% |
| 1977 | 18.3% | +6.5% |
| 1978 | 19.7% | +7.5% |
| 1979 | 19.8% | +0.6% |
| 1980 | 19.3% | -2.5% |
| 1981 | 17.1% | -11.2% |
| 1982 | 18.8% | +10.0% |
| 1983 | 20.2% | +7.5% |
| 1984 | 20.4% | +0.7% |
| 1985 | 20.9% | +2.7% |
| 1986 | 23.6% | +12.6% |
| 1987 | 23.3% | -1.4% |
| 1988 | 23.6% | +1.4% |
| 1989 | 23.5% | -0.4% |
| 1990 | 21.7% | -7.7% |
| 1991 | 20.6% | -5.0% |
| 1992 | 21.7% | +5.4% |
| 1993 | 20.9% | -3.6% |
| 1994 | 20.6% | -1.4% |
| 1995 | 19.8% | -4.0% |
| 1996 | 19.7% | -0.4% |
| 1997 | 21.3% | +8.1% |
| 1998 | 22.1% | +3.6% |
| 1999 | 25.8% | +16.9% |
| 2000 | 26.2% | +1.5% |
| 2001 | 26.4% | +1.0% |
| 2002 | 27.6% | +4.4% |
| 2003 | 27.1% | -1.9% |
| 2004 | 28.8% | +6.4% |
| 2005 | 30.2% | +4.7% |
| 2006 | 31.5% | +4.4% |
| 2007 | 34.4% | +8.9% |
| 2008 | 35.4% | +3.0% |
| 2009 | 35.9% | +1.6% |
| 2010 | 36.3% | +1.0% |
| 2011 | 36.8% | +1.3% |
| 2012 | 36.3% | -1.2% |
| 2013 | 36.2% | -0.3% |
| 2014 | 36.7% | +1.3% |
| 2015 | 38.0% | +3.6% |
| 2016 | 33.4% | -12.1% |
| 2017 | 33.3% | -0.4% |
| 2018 | 32.7% | -1.7% |
| 2019 | 31.5% | -3.6% |
| 2020 | 33.7% | +6.9% |
| 2021 | 32.2% | -4.3% |
| 2022 | 32.9% | +2.0% |
| 2023 | 35.3% | +7.3% |
| 2024 | 37.3% | +5.6% |
| 2025 | 39.1% | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.6% | 9.4% | 12.1% | 10 |
| 1970s | 15.6% | 12.3% | 19.8% | 10 |
| 1980s | 21.1% | 17.1% | 23.6% | 10 |
| 1990s | 21.4% | 19.7% | 25.8% | 10 |
| 2000s | 30.4% | 26.2% | 35.9% | 10 |
| 2010s | 35.1% | 31.5% | 38.0% | 10 |
| 2020s | 35.1% | 32.2% | 39.1% | 6 |
Countries ranked near Lower middle income
More financial sector data for Lower middle income
- Net migration -3.12 million (2025)
- Total reserves in months of imports 7.24 (2025)
- Monetary Sector credit to private sector 39.6% (2025)
- Broad money 67.4% (2021)
- Claims on central government, etc. 20.8% (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Total reserves in months of imports, annual growth rate 3.14 % 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 38.8% (2025)
- Net migration, annual growth rate 7.34 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Lower middle income?
- Domestic credit to private sector by banks in Lower middle income was 39.1% 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 Lower middle income?
- The highest recorded value was 39.1% in 2025.
- What is the lowest domestic credit to private sector by banks recorded in Lower middle income?
- The lowest recorded value was 9.4% in 1960.
- How does Lower middle income rank for domestic credit to private sector by banks?
- Lower middle income ranks 30th out of 47 groups with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Lower middle income?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is rising.
- Where does this Lower middle 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.