Domestic credit to private sector by banks (% of GDP) in Syria
Syria: Domestic credit to private sector by banks (% of GDP) was 20.7% in 2011. ◆ Volatile
Domestic credit to private sector by banks in Syria, 1960–2011
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Syria recorded 20.7% for domestic credit to private sector by banks in 2011.
That represents a change of down 5.4% on the previous year and up 155.2% over ten years.
Over the whole period, domestic credit to private sector by banks in Syria peaked at 25.3% in 1960 and was at its lowest, 4.2%, in 1975.
Syria ranks 140th of 187 countries on this measure, 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 Syria, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 25.3% | — |
| 1961 | 21.7% | -14.1% |
| 1962 | 20.5% | -5.4% |
| 1963 | 20.2% | -1.4% |
| 1964 | 18.0% | -10.9% |
| 1965 | 18.4% | +1.9% |
| 1966 | 20.7% | +12.7% |
| 1967 | 10.5% | -49.2% |
| 1968 | 9.8% | -7.1% |
| 1969 | 8.7% | -11.3% |
| 1970 | 8.1% | -6.7% |
| 1971 | 7.1% | -12.2% |
| 1972 | 6.3% | -11.9% |
| 1973 | 6.6% | +5.7% |
| 1974 | 4.4% | -33.9% |
| 1975 | 4.2% | -4.5% |
| 1976 | 4.6% | +10.8% |
| 1977 | 5.0% | +7.0% |
| 1978 | 5.1% | +2.8% |
| 1979 | 6.3% | +22.6% |
| 1980 | 5.7% | -8.2% |
| 1981 | 5.3% | -7.6% |
| 1982 | 6.5% | +22.6% |
| 1983 | 8.1% | +24.6% |
| 1984 | 8.7% | +7.8% |
| 1985 | 8.2% | -6.1% |
| 1986 | 7.6% | -7.2% |
| 1987 | 7.0% | -7.6% |
| 1988 | 6.5% | -7.7% |
| 1989 | 7.7% | +18.6% |
| 1990 | 7.5% | -3.1% |
| 1991 | 8.6% | +15.3% |
| 1992 | 9.6% | +11.3% |
| 1993 | 10.7% | +12.3% |
| 1994 | 10.3% | -3.7% |
| 1995 | 11.2% | +7.8% |
| 1996 | 9.6% | -13.5% |
| 1997 | 9.8% | +2.0% |
| 1998 | 9.2% | -6.6% |
| 1999 | 9.2% | +0.1% |
| 2000 | 8.5% | -7.9% |
| 2001 | 8.1% | -4.0% |
| 2002 | 8.2% | +0.5% |
| 2003 | 10.1% | +23.7% |
| 2004 | 11.7% | +15.3% |
| 2005 | 14.8% | +26.7% |
| 2006 | 14.7% | -0.4% |
| 2007 | 15.1% | +2.6% |
| 2008 | 17.5% | +16.3% |
| 2009 | 19.6% | +12.0% |
| 2010 | 21.9% | +11.7% |
| 2011 | 20.7% | -5.4% |
Syria compared with similar countries
- Syria's 20.7% is above the median for low income countries, which is 11.9%, 1.7× the median. (24 countries reporting)
- Syria's 20.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 56.4%, 37% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.4% | 8.7% | 25.3% | 10 |
| 1970s | 5.8% | 4.2% | 8.1% | 10 |
| 1980s | 7.1% | 5.3% | 8.7% | 10 |
| 1990s | 9.6% | 7.5% | 11.2% | 10 |
| 2000s | 12.8% | 8.1% | 19.6% | 10 |
| 2010s | 21.3% | 20.7% | 21.9% | 2 |
Countries ranked near Syria
More financial sector data for Syria
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2022)
- Reserve position in the IMF, US dollar, per capita 0.0003 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2022)
- Reserve position in the IMF, SDR, per capita 0.0002 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2022)
- Reserve tranche position, US dollar, per capita 0.0003 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Syria?
- Domestic credit to private sector by banks in Syria was 20.7% in 2011, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Syria?
- The highest recorded value was 25.3% in 1960.
- What is the lowest domestic credit to private sector by banks recorded in Syria?
- The lowest recorded value was 4.2% in 1975.
- How does Syria rank for domestic credit to private sector by banks?
- Syria ranks 140th out of 187 countries with data for 2011.
- Is domestic credit to private sector by banks rising or falling in Syria?
- Over the last ten years it is up 155.2%. The long-run trend across the full record is volatile.
- Where does this Syria 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 — 52 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.