Domestic credit to private sector in Guyana
Guyana: Domestic credit to private sector was 39.2% in 2020. ▲ Rising
Domestic credit to private sector in Guyana, 1980–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Guyana recorded 39.2% for domestic credit to private sector in 2020.
The figure is up 5.6% on the previous year and up 59.8% over ten years.
Over the whole period, domestic credit to private sector in Guyana peaked at 62.1% in 2002 and was at its lowest, 17.9%, in 1980.
Guyana ranks 106th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Domestic credit to private sector in Guyana, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 17.9% | — |
| 1981 | 21.8% | +21.6% |
| 1982 | 29.4% | +34.7% |
| 1983 | 33.7% | +14.6% |
| 1984 | 34.8% | +3.3% |
| 1985 | 33.6% | -3.4% |
| 1986 | 38.0% | +13.2% |
| 1987 | 34.2% | -10.0% |
| 1988 | 45.4% | +32.4% |
| 1989 | 28.3% | -37.6% |
| 1990 | 29.6% | +4.6% |
| 1991 | 18.7% | -36.7% |
| 1992 | 21.5% | +14.6% |
| 1993 | 20.9% | -2.7% |
| 1994 | 21.9% | +4.6% |
| 1995 | 28.0% | +28.2% |
| 1996 | 42.0% | +50.1% |
| 1997 | 48.2% | +14.7% |
| 1998 | 56.1% | +16.2% |
| 1999 | 57.1% | +1.8% |
| 2000 | 57.1% | +0.1% |
| 2001 | 60.7% | +6.3% |
| 2002 | 62.1% | +2.3% |
| 2003 | 57.5% | -7.4% |
| 2004 | 53.2% | -7.6% |
| 2005 | 57.1% | +7.4% |
| 2006 | 22.7% | -60.3% |
| 2007 | 22.4% | -1.3% |
| 2008 | 21.8% | -2.3% |
| 2009 | 23.3% | +6.9% |
| 2010 | 24.5% | +5.0% |
| 2011 | 26.4% | +7.8% |
| 2012 | 28.8% | +8.8% |
| 2013 | 32.0% | +11.1% |
| 2014 | 36.7% | +14.7% |
| 2015 | 36.5% | -0.4% |
| 2016 | 35.0% | -4.2% |
| 2017 | 34.1% | -2.5% |
| 2018 | 36.6% | +7.3% |
| 2019 | 37.1% | +1.4% |
| 2020 | 39.2% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.7% | 17.9% | 45.4% | 10 |
| 1990s | 34.4% | 18.7% | 57.1% | 10 |
| 2000s | 43.8% | 21.8% | 62.1% | 10 |
| 2010s | 32.8% | 24.5% | 37.1% | 10 |
| 2020s | 39.2% | 39.2% | 39.2% | 1 |
Countries ranked near Guyana
More financial sector data for Guyana
- Reserve position in the IMF, US dollar, annual growth rate -100 % change on previous year (1976)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -100 % change on previous year (1976)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -100 % change on previous year (1976)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -100 % change on previous year (1976)
Frequently asked questions
- What is domestic credit to private sector in Guyana?
- Domestic credit to private sector in Guyana was 39.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Guyana?
- The highest recorded value was 62.1% in 2002.
- What is the lowest domestic credit to private sector recorded in Guyana?
- The lowest recorded value was 17.9% in 1980.
- How does Guyana rank for domestic credit to private sector?
- Guyana ranks 106th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Guyana?
- Over the last ten years it is up 59.8%. The long-run trend across the full record is rising.
- Where does this Guyana 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.
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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.