Domestic credit to private sector by banks in Uruguay
Uruguay: Domestic credit to private sector by banks was 30.7% in 2025. ▲ Rising
Domestic credit to private sector by banks in Uruguay, 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 Uruguay is 30.7%, measured in 2025.
Compared with earlier readings it is up 0.6% on the previous year and up 10.7% over ten years.
Over the whole period, domestic credit to private sector by banks in Uruguay peaked at 70.4% in 2002 and was at its lowest, 6.1%, in 1973.
Uruguay ranks 115th of 187 countries 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 Uruguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 20.1% | — |
| 1961 | 19.9% | -1.0% |
| 1962 | 20.6% | +3.2% |
| 1963 | 19.7% | -4.4% |
| 1964 | 21.5% | +9.0% |
| 1965 | 14.6% | -31.8% |
| 1966 | 10.2% | -30.3% |
| 1967 | 9.4% | -7.6% |
| 1968 | 7.1% | -24.6% |
| 1969 | 7.1% | -0.1% |
| 1970 | 9.3% | +31.1% |
| 1971 | 8.8% | -4.9% |
| 1972 | 11.0% | +24.7% |
| 1973 | 6.1% | -44.9% |
| 1974 | 8.3% | +35.9% |
| 1975 | 19.4% | +133.9% |
| 1976 | 21.8% | +12.4% |
| 1977 | 25.5% | +17.3% |
| 1978 | 29.3% | +14.7% |
| 1979 | 33.9% | +15.8% |
| 1980 | 37.2% | +9.8% |
| 1981 | 40.4% | +8.6% |
| 1982 | 69.9% | +72.9% |
| 1983 | 47.8% | -31.6% |
| 1984 | 41.6% | -12.9% |
| 1985 | 45.3% | +8.7% |
| 1986 | 40.3% | -10.9% |
| 1987 | 32.4% | -19.6% |
| 1988 | 35.4% | +9.3% |
| 1989 | 36.0% | +1.8% |
| 1990 | 31.1% | -13.7% |
| 1991 | 25.0% | -19.5% |
| 1992 | 25.2% | +0.5% |
| 1993 | 24.6% | -2.2% |
| 1994 | 23.7% | -3.7% |
| 1995 | 26.3% | +11.0% |
| 1996 | 26.7% | +1.6% |
| 1997 | 25.8% | -3.4% |
| 1998 | 40.4% | +56.2% |
| 1999 | 43.4% | +7.6% |
| 2000 | 44.9% | +3.4% |
| 2001 | 53.8% | +19.7% |
| 2002 | 70.4% | +30.9% |
| 2003 | 43.1% | -38.8% |
| 2004 | 24.1% | -44.1% |
| 2005 | 22.4% | -7.1% |
| 2006 | 23.7% | +5.7% |
| 2007 | 23.0% | -3.0% |
| 2008 | 27.1% | +18.0% |
| 2009 | 19.8% | -26.9% |
| 2010 | 21.4% | +7.8% |
| 2011 | 21.9% | +2.7% |
| 2012 | 22.1% | +0.9% |
| 2013 | 24.4% | +10.0% |
| 2014 | 25.1% | +3.2% |
| 2015 | 27.8% | +10.5% |
| 2016 | 25.6% | -7.7% |
| 2017 | 23.9% | -6.8% |
| 2018 | 24.9% | +4.3% |
| 2019 | 25.3% | +1.5% |
| 2020 | 27.8% | +10.2% |
| 2021 | 26.7% | -4.2% |
| 2022 | 26.4% | -1.2% |
| 2023 | 28.1% | +6.7% |
| 2024 | 30.5% | +8.6% |
| 2025 | 30.7% | +0.6% |
Uruguay compared with similar countries
- Uruguay's 30.7% is below the median for high income countries, which is 64.3%, 48% of the median. (61 countries reporting)
- Uruguay's 30.7% is below the median for Latin America & Caribbean, which is 42.9%, 72% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks in Uruguay 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 |
|---|---|---|---|
| 1975 | +133.9% | 8.3% | 19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.0% | 7.1% | 21.5% | 10 |
| 1970s | 17.3% | 6.1% | 33.9% | 10 |
| 1980s | 42.6% | 32.4% | 69.9% | 10 |
| 1990s | 29.2% | 23.7% | 43.4% | 10 |
| 2000s | 35.2% | 19.8% | 70.4% | 10 |
| 2010s | 24.2% | 21.4% | 27.8% | 10 |
| 2020s | 28.4% | 26.4% | 30.7% | 6 |
Countries ranked near Uruguay
More financial sector data for Uruguay
- Reserve position in the IMF, US dollar, annual growth rate 7.91 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 44.98 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.76 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 32.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.91 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 44.98 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.76 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Uruguay?
- Domestic credit to private sector by banks in Uruguay was 30.7% 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 Uruguay?
- The highest recorded value was 70.4% in 2002.
- What is the lowest domestic credit to private sector by banks recorded in Uruguay?
- The lowest recorded value was 6.1% in 1973.
- How does Uruguay rank for domestic credit to private sector by banks?
- Uruguay ranks 115th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Uruguay?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is rising.
- Where does this Uruguay 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.