Domestic credit to private sector by banks (% of GDP) in Pacific island small states
Pacific island small states: Domestic credit to private sector by banks (% of GDP) was 59.2% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Pacific island small states, 1961–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Pacific island small states stood at 59.2%.
The figure is up 2.7% on the previous year and up 18.4% over ten years.
Over the whole period, domestic credit to private sector by banks in Pacific island small states peaked at 64.4% in 2021 and was at its lowest, 9.0%, in 1964.
That places Pacific island small states 17th out of 47 groups with data for 2025, 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 (% of GDP) in Pacific island small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 11.3% | — |
| 1962 | 9.7% | -14.0% |
| 1963 | 9.1% | -5.7% |
| 1964 | 9.0% | -0.9% |
| 1965 | 9.9% | +9.4% |
| 1966 | 10.2% | +3.5% |
| 1967 | 9.8% | -4.4% |
| 1968 | 11.2% | +14.8% |
| 1969 | 11.2% | -0.3% |
| 1970 | 11.1% | -0.9% |
| 1971 | 12.9% | +15.8% |
| 1972 | 14.1% | +10.1% |
| 1973 | 15.2% | +7.4% |
| 1974 | 15.4% | +1.4% |
| 1975 | 12.6% | -18.1% |
| 1976 | 15.3% | +21.3% |
| 1977 | 16.8% | +9.6% |
| 1978 | 16.0% | -4.7% |
| 1979 | 18.6% | +16.4% |
| 1980 | 18.4% | -0.9% |
| 1981 | 20.7% | +12.0% |
| 1982 | 20.5% | -0.6% |
| 1983 | 21.7% | +5.8% |
| 1984 | 23.1% | +6.4% |
| 1985 | 24.9% | +7.6% |
| 1986 | 24.2% | -2.6% |
| 1987 | 25.5% | +5.3% |
| 1988 | 25.3% | -0.7% |
| 1989 | 29.5% | +16.4% |
| 1990 | 31.4% | +6.4% |
| 1991 | 33.9% | +8.1% |
| 1992 | 33.2% | -2.1% |
| 1993 | 34.0% | +2.5% |
| 1994 | 32.7% | -4.0% |
| 1995 | 32.6% | -0.2% |
| 1996 | 31.8% | -2.3% |
| 1997 | 28.6% | -10.2% |
| 1998 | 26.7% | -6.7% |
| 1999 | 25.4% | -4.9% |
| 2000 | 29.1% | +14.6% |
| 2001 | 27.0% | -7.3% |
| 2002 | 34.0% | +25.8% |
| 2003 | 35.1% | +3.3% |
| 2004 | 39.0% | +11.2% |
| 2005 | 44.9% | +15.2% |
| 2006 | 49.8% | +11.0% |
| 2007 | 50.4% | +1.1% |
| 2008 | 52.5% | +4.2% |
| 2009 | 51.7% | -1.6% |
| 2010 | 50.1% | -3.1% |
| 2011 | 47.6% | -4.9% |
| 2012 | 47.8% | +0.3% |
| 2013 | 47.3% | -0.9% |
| 2014 | 48.1% | +1.6% |
| 2015 | 50.0% | +4.0% |
| 2016 | 52.9% | +5.8% |
| 2017 | 53.7% | +1.3% |
| 2018 | 53.7% | +0.1% |
| 2019 | 55.3% | +2.9% |
| 2020 | 62.0% | +12.2% |
| 2021 | 64.4% | +3.8% |
| 2022 | 60.2% | -6.5% |
| 2023 | 57.6% | -4.4% |
| 2024 | 57.7% | +0.2% |
| 2025 | 59.2% | +2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.2% | 9.0% | 11.3% | 9 |
| 1970s | 14.8% | 11.1% | 18.6% | 10 |
| 1980s | 23.4% | 18.4% | 29.5% | 10 |
| 1990s | 31.0% | 25.4% | 34.0% | 10 |
| 2000s | 41.4% | 27.0% | 52.5% | 10 |
| 2010s | 50.7% | 47.3% | 55.3% | 10 |
| 2020s | 60.2% | 57.6% | 64.4% | 6 |
Countries ranked near Pacific island small states
More financial sector data for Pacific island small states
- Domestic credit to private sector 90.8% (2025)
- Total reserves in months of imports, annual growth rate -0.3486 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Net migration, annual growth rate 0.164 % change on previous year (2025)
- Net migration -10,352 (2025)
- Claims on central government, etc. 23.4% (2025)
- Broad money 77.8% (2023)
- Monetary Sector credit to private sector 59.3% (2025)
- Total reserves in months of imports 7.03 (2024)
Frequently asked questions
- What is domestic credit to private sector by banks in Pacific island small states?
- Domestic credit to private sector by banks in Pacific island small states was 59.2% 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 Pacific island small states?
- The highest recorded value was 64.4% in 2021.
- What is the lowest domestic credit to private sector by banks recorded in Pacific island small states?
- The lowest recorded value was 9.0% in 1964.
- How does Pacific island small states rank for domestic credit to private sector by banks?
- Pacific island small states ranks 17th out of 47 groups with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Pacific island small states?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states 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.