Domestic credit to private sector by banks in Small states
Small states: Domestic credit to private sector by banks was 52.3% in 2024. ◆ Volatile
Domestic credit to private sector by banks in Small states, 1960–2024
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 Small states is 52.3%, measured in 2024.
The figure is down 1.4% on the previous year and down 33.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Small states peaked at 99.1% in 2009 and was at its lowest, 15.7%, in 1963.
That places Small states 21st out of 47 groups 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 Small states, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 18.9% | — |
| 1961 | 16.7% | -11.2% |
| 1962 | 16.6% | -1.0% |
| 1963 | 15.7% | -5.2% |
| 1964 | 15.9% | +1.4% |
| 1965 | 17.6% | +10.4% |
| 1966 | 19.6% | +11.6% |
| 1967 | 20.2% | +3.0% |
| 1968 | 20.0% | -1.1% |
| 1969 | 28.6% | +42.8% |
| 1970 | 29.3% | +2.6% |
| 1971 | 25.7% | -12.4% |
| 1972 | 26.4% | +3.0% |
| 1973 | 27.8% | +5.3% |
| 1974 | 22.4% | -19.5% |
| 1986 | 29.4% | +31.2% |
| 1987 | 31.0% | +5.3% |
| 1988 | 32.3% | +4.4% |
| 1989 | 34.0% | +5.3% |
| 1999 | 44.2% | +29.9% |
| 2000 | 48.4% | +9.6% |
| 2001 | 66.6% | +37.5% |
| 2002 | 67.9% | +2.0% |
| 2003 | 72.0% | +6.2% |
| 2004 | 73.8% | +2.5% |
| 2005 | 88.8% | +20.2% |
| 2006 | 97.6% | +9.9% |
| 2007 | 98.0% | +0.4% |
| 2008 | 93.6% | -4.5% |
| 2009 | 99.1% | +5.9% |
| 2010 | 94.5% | -4.7% |
| 2011 | 89.0% | -5.8% |
| 2012 | 83.5% | -6.2% |
| 2013 | 81.5% | -2.4% |
| 2014 | 78.0% | -4.3% |
| 2015 | 75.9% | -2.7% |
| 2016 | 74.8% | -1.5% |
| 2017 | 71.6% | -4.3% |
| 2018 | 64.2% | -10.3% |
| 2019 | 60.4% | -6.0% |
| 2020 | 67.2% | +11.3% |
| 2021 | 60.6% | -9.7% |
| 2022 | 53.6% | -11.5% |
| 2023 | 53.0% | -1.2% |
| 2024 | 52.3% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.0% | 15.7% | 28.6% | 10 |
| 1970s | 26.3% | 22.4% | 29.3% | 5 |
| 1980s | 31.7% | 29.4% | 34.0% | 4 |
| 1990s | 44.2% | 44.2% | 44.2% | 1 |
| 2000s | 80.6% | 48.4% | 99.1% | 10 |
| 2010s | 77.3% | 60.4% | 94.5% | 10 |
| 2020s | 57.3% | 52.3% | 67.2% | 5 |
Countries ranked near Small states
More financial sector data for Small states
- Total reserves in months of imports, annual growth rate 1.87 % 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 -63.16 % change on previous year (2025)
- Total reserves in months of imports 4.49 (2024)
- Monetary Sector credit to private sector 52.6% (2024)
- Broad money 71.0% (2019)
- Net migration -38,523 (2025)
- Claims on central government, etc. 10.3% (2024)
- Domestic credit to private sector 54.8% (2024)
Frequently asked questions
- What is domestic credit to private sector by banks in Small states?
- Domestic credit to private sector by banks in Small states was 52.3% 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 Small states?
- The highest recorded value was 99.1% in 2009.
- What is the lowest domestic credit to private sector by banks recorded in Small states?
- The lowest recorded value was 15.7% in 1963.
- How does Small states rank for domestic credit to private sector by banks?
- Small states ranks 21st out of 47 groups with data for 2024.
- Is domestic credit to private sector by banks rising or falling in Small states?
- Over the last ten years it is down 33.0%. The long-run trend across the full record is volatile.
- Where does this 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.