Domestic credit to private sector in Bhutan
Bhutan: Domestic credit to private sector was 71.7% in 2020. ◆ Volatile
Domestic credit to private sector in Bhutan, 1983–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Bhutan stood at 71.7%. That is the highest value across all 38 years on record.
Compared with earlier readings it is up 11.6% on the previous year and up 68.9% over ten years.
Over the whole period, domestic credit to private sector in Bhutan peaked at 71.7% in 2020 and was at its lowest, 2.6%, in 1987.
Bhutan ranks 57th 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 in Bhutan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1983 | 2.7% | — |
| 1984 | 3.2% | +16.4% |
| 1985 | 2.7% | -13.5% |
| 1986 | 2.8% | +1.7% |
| 1987 | 2.6% | -6.3% |
| 1988 | 3.1% | +16.9% |
| 1989 | 4.5% | +46.3% |
| 1990 | 4.3% | -4.2% |
| 1991 | 5.6% | +30.7% |
| 1992 | 6.8% | +22.1% |
| 1993 | 7.1% | +3.8% |
| 1994 | 8.9% | +25.6% |
| 1995 | 8.0% | -10.6% |
| 1996 | 7.0% | -12.7% |
| 1997 | 11.5% | +65.4% |
| 1998 | 9.8% | -14.7% |
| 1999 | 8.7% | -11.7% |
| 2000 | 9.2% | +5.7% |
| 2001 | 10.1% | +10.2% |
| 2002 | 11.5% | +13.4% |
| 2003 | 13.4% | +16.7% |
| 2004 | 16.3% | +21.8% |
| 2005 | 18.6% | +14.0% |
| 2006 | 22.0% | +18.3% |
| 2007 | 24.0% | +9.2% |
| 2008 | 30.7% | +28.1% |
| 2009 | 33.2% | +8.2% |
| 2010 | 42.5% | +27.8% |
| 2011 | 47.9% | +12.9% |
| 2012 | 46.8% | -2.4% |
| 2013 | 46.7% | -0.2% |
| 2014 | 45.0% | -3.7% |
| 2015 | 46.4% | +3.2% |
| 2016 | 48.2% | +3.8% |
| 2017 | 51.3% | +6.5% |
| 2018 | 58.1% | +13.2% |
| 2019 | 64.3% | +10.6% |
| 2020 | 71.7% | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.1% | 2.6% | 4.5% | 7 |
| 1990s | 7.8% | 4.3% | 11.5% | 10 |
| 2000s | 18.9% | 9.2% | 33.2% | 10 |
| 2010s | 49.7% | 42.5% | 64.3% | 10 |
| 2020s | 71.7% | 71.7% | 71.7% | 1 |
Countries ranked near Bhutan
More financial sector data for Bhutan
- 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 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.82 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 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.71 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 0.0017 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.82 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 in Bhutan?
- Domestic credit to private sector in Bhutan was 71.7% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Bhutan?
- The highest recorded value was 71.7% in 2020.
- What is the lowest domestic credit to private sector recorded in Bhutan?
- The lowest recorded value was 2.6% in 1987.
- How does Bhutan rank for domestic credit to private sector?
- Bhutan ranks 57th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Bhutan?
- Over the last ten years it is up 68.9%. The long-run trend across the full record is volatile.
- Where does this Bhutan data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.