Domestic credit to private sector by banks (% of GDP) in World
World: Domestic credit to private sector by banks (% of GDP) was 91.3% in 2024. ▲ Rising
Domestic credit to private sector by banks in World, 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 World is 91.3%, measured in 2024.
Compared with earlier readings it is up 1.2% on the previous year and up 11.3% over ten years.
Over the whole period, domestic credit to private sector by banks in World peaked at 96.5% in 2020 and was at its lowest, 32.0%, in 1960.
World ranks 10th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 65 years of available data.
Domestic credit to private sector by banks (% of GDP) in World, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 32.0% | — |
| 1961 | 32.9% | +2.9% |
| 1962 | 35.1% | +6.9% |
| 1963 | 37.2% | +5.9% |
| 1964 | 38.2% | +2.6% |
| 1965 | 39.7% | +3.9% |
| 1966 | 40.0% | +0.9% |
| 1967 | 41.0% | +2.4% |
| 1968 | 41.7% | +1.8% |
| 1969 | 42.4% | +1.6% |
| 1970 | 45.3% | +6.8% |
| 1971 | 47.5% | +4.8% |
| 1972 | 52.0% | +9.6% |
| 1973 | 54.1% | +4.0% |
| 1974 | 51.6% | -4.7% |
| 1975 | 50.8% | -1.5% |
| 1976 | 51.3% | +1.0% |
| 1977 | 52.8% | +3.0% |
| 1978 | 56.0% | +6.0% |
| 1979 | 54.6% | -2.6% |
| 1980 | 52.0% | -4.6% |
| 1981 | 52.4% | +0.7% |
| 1982 | 53.2% | +1.6% |
| 1983 | 55.8% | +5.0% |
| 1984 | 57.9% | +3.8% |
| 1985 | 59.9% | +3.3% |
| 1986 | 68.1% | +13.8% |
| 1987 | 73.7% | +8.2% |
| 1988 | 80.4% | +9.1% |
| 1989 | 82.6% | +2.8% |
| 1990 | 78.6% | -4.8% |
| 1991 | 78.4% | -0.4% |
| 1992 | 78.9% | +0.7% |
| 1993 | 81.3% | +3.0% |
| 1994 | 81.3% | +0.1% |
| 1995 | 81.3% | -0.0% |
| 1996 | 78.0% | -4.1% |
| 1997 | 78.6% | +0.8% |
| 1998 | 78.0% | -0.8% |
| 1999 | 80.6% | +3.4% |
| 2000 | 80.8% | +0.2% |
| 2001 | 72.4% | -10.5% |
| 2002 | 72.6% | +0.3% |
| 2003 | 74.2% | +2.2% |
| 2004 | 75.2% | +1.4% |
| 2005 | 77.0% | +2.3% |
| 2006 | 79.2% | +2.9% |
| 2007 | 82.0% | +3.6% |
| 2008 | 83.1% | +1.4% |
| 2009 | 84.1% | +1.1% |
| 2010 | 81.7% | -2.9% |
| 2011 | 80.5% | -1.4% |
| 2012 | 80.5% | -0.0% |
| 2013 | 81.2% | +0.9% |
| 2014 | 82.0% | +1.1% |
| 2015 | 84.6% | +3.2% |
| 2016 | 85.3% | +0.9% |
| 2017 | 85.1% | -0.3% |
| 2018 | 86.6% | +1.8% |
| 2019 | 87.9% | +1.5% |
| 2020 | 96.5% | +9.8% |
| 2021 | 93.5% | -3.1% |
| 2022 | 91.9% | -1.8% |
| 2023 | 90.2% | -1.8% |
| 2024 | 91.3% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.0% | 32.0% | 42.4% | 10 |
| 1970s | 51.6% | 45.3% | 56.0% | 10 |
| 1980s | 63.6% | 52.0% | 82.6% | 10 |
| 1990s | 79.5% | 78.0% | 81.3% | 10 |
| 2000s | 78.0% | 72.4% | 84.1% | 10 |
| 2010s | 83.5% | 80.5% | 87.9% | 10 |
| 2020s | 92.7% | 90.2% | 96.5% | 5 |
Countries ranked near World
More financial sector data for World
- Reserve position in the IMF, US dollar, annual growth rate 11.65 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 18.97 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 6.32 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 13.85 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 11.65 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 18.97 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 6.32 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in World?
- Domestic credit to private sector by banks in World was 91.3% 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 World?
- The highest recorded value was 96.5% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in World?
- The lowest recorded value was 32.0% in 1960.
- How does World rank for domestic credit to private sector by banks?
- World ranks 10th out of 47 groups with data for 2024.
- Is domestic credit to private sector by banks rising or falling in World?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is rising.
- Where does this World 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.